Someone(s) happy to accumulate at this level, reloading the buy side whenever it gets hit! I think once the resistance at 2.1-2.2c is taken out, the SP could quickly move up to test the 3.1c resistance level. The chart is starting to look very interesting!
On another thread I recently posted that the market has made it almost impossible to make an investment decision based on fundamentals but I believe the market's complete failure to recognise Aura's assets will have to be corrected at some point in the near future. A $9m market cap for our assets 100% owned with no debt, a signed development and equipment financing agreement with the potential for a production offtake agreement is crazy. I think a $40-$50m market cap would more accurately reflect where the company currently sits with the value of it's assets. So 8-10c is a very real target over the next 12 months, imo.
Someone(s) happy to accumulate at this level, reloading the buy...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $132.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.0¢ | $198.9K | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 9230 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AEE (ASX) Chart |