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0.8¢ australian mines limited

Thanks for that mate. That make sense. Or it could be someone...

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Faisal1475

463 Posts.

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14/08/17

22:25

Post #: 26492532
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Originally posted by beefarmer ↑

I believe we will all be able to put out hands into our pockets and subscribe to another capital raising. Someone mentioned the lack of excitement in AUZ following the recent sensational announcements as pretty much being indicative of a raising. I merely seconded the opinion.

Someone mentioned that AUZ has a few mill in the bank but to keep moving forward, they need more cash. It's a common factor.

The big question, assuming a raise where we can all contribute and let me tell you paying 1.8 cents last week is a real turnoff, is the purpose of it. I would assume management have their reasons and I am guessing this time next week, all will be revealed.

The course management are pursuing seems to be a linear, well defined path so this maybe one out of the box. I dunno. Maybe those smarties who sold 25million at the bell at the end of last week knew all of this before the rest of us.

The market cap stays the same but the shares increasing is a conundrum of the small cap game. But as a football coach said, "give me something".

What do folks think, magnum time for me.

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Thanks for that mate. That make sense. Or it could be someone just needed the money. But who knows . Let's wait and see...

AUZ Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $10.48M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$1.118K	139.9K

Buyers (Bids)

No.	Vol.	Price($)
31	6877721	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	4261302	13

View Market Depth

No.	Vol.	Price($)
31	6877721	0.007
33	45124111	0.006
16	32250199	0.005
9	8654750	0.004
4	2960000	0.003

Price($)	Vol.	No.
0.008	4061303	12
0.009	4323654	9
0.010	2973131	21
0.011	4747820	12
0.012	4135705	7

Last trade - 10.00am 02/10/2024 (20 minute delay)

AUZ (ASX) Chart