They need 150 million to get going....if AUZ were to need the same funds...then that would be another ~1.5 billion shares at today's price. It is this huge number of shares that may be issued that will keep the price down...as production is still far away.
At the close., page-67
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $29.48K | 4.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2484166 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2861544 | 10 |
View Market Depth
| Last trade - 11.09am 17/09/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |