There has been a very wide spread on AQI the last week or two, any buy is a 15% jump, and sell is a 15% drop!
With the projects, JV partner and share register they have behind them the tiny $18mil market cap is a bargain and offers a great risk/reward scenario with limited downside but massive upside as the exploration reveals the potential under their feet.
Warwick Grigor (Far East Capital) is particularly bullish previously forecasting a move to $1 this year:
"Prudent investors will be taking advantage of these low prices to add to their holdings, with reasonable expectations of a move to $1.00 plus over the next 12 months".
http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm17September2016.pdf
AQI Chart, page-401
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.06M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 206722 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 77826 | 1 |
View Market Depth
| Last trade - 10.00am 30/07/2024 (20 minute delay) ? |
| AQI (ASX) Chart |
Day chart unavailable