AUK 11.1% 0.8¢ aumake limited.

Massive Upside

  1. 16,653 Posts.
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    From the latest TOTALLY OVERLOOKED quarterly:

    •Cash receipts of A$4.9m – up 1461% vs previous corresponding period (PCP) (A$312,000Q3 FY23).

    • Annual revenues (year to date) now totaling A$20.9m – surpassing FY23 total sales(A$2.6m) by 674% with one quarter remaining.

    - The Company remains well funded with a cash balance of A$2.3m – up 39% from theprevious quarter (A$1.6m)


    From todays ANNC

    $300m over 3 years / $100m minimum
    Agreement with Xhina STATE OWNED trade behemoth
    yes… the deal is non binding but with a tiny market of $10m as at close today… they’ll only need one order of … say…..$1m that shows intent to send this on its way to blowing JAT out of the water ($70m mc)


    AUK could stun from these levels.

    Not advice .



    Last edited by tin_shed_trader: 22/07/24
 
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