Each 0.001 move adds about 7m to the market cap, so it's not that much of a stretch to see a move above 14m (MC @ current 0.002). Look at a company like RNG - been through the ringer - but look like getting ready to come good. AUZ could well end up in a similar situation in the next 12 months or so.
I can understand some of the impatience of some posters here - but these guys are on a shoestring and can't afford to go in all guns blazing and end up blowing it all (the current financial resources). Besides - rising Au doesn't look like changing any time soon.
Interesting times ahead. If I recall correctly (happy to be told otherwise) RMS's Wattle Dam started off as a pretty modest operation back in 2006 - and look at it now. The Blair tenements are in a similar area.
- Forums
- ASX - By Stock
- half a billion share buyer
Each 0.001 move adds about 7m to the market cap, so it's not...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUZ (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $965 | 123.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 22282501 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 985192 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 22282501 | 0.007 |
22 | 13042557 | 0.006 |
11 | 4235000 | 0.005 |
6 | 3480000 | 0.004 |
3 | 12400000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 985192 | 8 |
0.009 | 5303084 | 18 |
0.010 | 3518627 | 23 |
0.011 | 3781784 | 17 |
0.012 | 4857078 | 9 |
Last trade - 15.40pm 09/08/2024 (20 minute delay) ? |
Featured News
AUZ (ASX) Chart |