AWJ 5.71% 18.5¢ auric mining limited

Morning all.@energytsarsNice to see you here mate, it has been a...

  1. 4,183 Posts.
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    Morning all.
    @energytsars
    Nice to see you here mate, it has been a little while.
    Happy to be a holder and look forward to the future with Munda to start later this year.
    Gold price behaving and supporting our future plans.
    Interesting to look at the trading of late and the tick up in volume.

    https://hotcopper.com.au/data/attachments/6085/6085699-fb4baec6d7086408459ba5068bf2fc62.jpg

    I assume there is some more volume to go before we wash out the trading of those that made a quick buck from the oppies.
    I was also very lucky to get some of those but have no intention of selling any.

    I am not suggesting this will be the case and actually hope for the opposite but let's just look at the possibilities for next year.
    They will be looking at a potential profit of $60-120m per year imho.
    IF they declared a special 5c divie, it would cost them ~6.5m
    If we then calculated that that divie at 5% of the SP we would get a SP of $1 and still have plenty of bucks in the bank.
    It would almost pay for my cost to invest here.
    As I have said before, I would hope that we have better ways of spending those $ but thought others may see the possibilities.

    Kind regards, Wack
 
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Last
18.5¢
Change
0.010(5.71%)
Mkt cap ! $26.74M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $45.75K 250.2K

Buyers (Bids)

No. Vol. Price($)
5 435605 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 158500 2
View Market Depth
Last trade - 15.51pm 06/06/2024 (20 minute delay) ?
Last
18.5¢
  Change
0.010 ( 2.78 %)
Open High Low Volume
18.0¢ 18.5¢ 18.0¢ 108704
Last updated 15.51pm 06/06/2024 ?
AWJ (ASX) Chart
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