AUZ 0.00% 0.8¢ australian mines limited

At 1.5c I will buy half position just to play the name as a...

  1. 1,689 Posts.
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    At 1.5c I will buy half position just to play the name as a nickel option. At 1c I will get to a full position. For 35M Mcap I believe it worths a gamble. Anything more than that is hot air. The same goes for ARL, CLQ and some other penny stocks on the ASX pink sheets. I have even some GTC orders waiting at $1.50 for Galaxy, $0.50 for Pilbara $0.10 for Altura etc etc about 200k $$ each..

    Give me profitable, cash flow positive and dividend paying companies any time. Luckily ASX has some of those as well... For example I am having a 7 figures order for BOQ at $8.50 etc..
    Last edited by astavrou1: 27/03/19
 
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