AUZ 12.5% 0.7¢ australian mines limited

All the near term catalysts left with SK so I think the next...

  1. 4,825 Posts.
    lightbulb Created with Sketch. 925
    All the near term catalysts left with SK so I think the next thing is a CR which more than likely means more dilution.

    What was the AUZ SP before 2017?
    0.5-1.0 cents.

    I’d not be at all surprised if it goes back to those levels as more and more stop losses are hit.

    Some mention selling things but the company is in a bad spot now so the real meaning of the ‘vulture club’ would become apparent if that was followed. An IPO of the too distant tenements might be a goer but can the company properly execute one before a CR? I think not.

    More pain before any change- even if half or more of the Board get sacked or quit.

    For my attentive pal- nice to have my return noted, thanks to the grapevine. Try to stay away was the phrase.

    Try and will are different words.

    Good health all.
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $9.789M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $7.559K 1.008M

Buyers (Bids)

No. Vol. Price($)
33 25996116 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1162005 9
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
AUZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.