AUZ 0.00% 1.3¢ australian mines limited

AUZ has traded just under a quarter of a billion shares in six...

  1. 4,774 Posts.
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    AUZ has traded just under a quarter of a billion shares in six days and moved from 2.6 to a high of 3.9. Many of these shares have probably been dumped by disgruntled holders who got fed up and a jumpy bunch of day traders who having fund in a generally medicore market. The supply of stock will run out soon and folks will start to focus on the very positive nickel find that is taking place. What makes this thing so unique is that it is a profitable, producing nickel mine with enormous upside. IF the Ni grades continue to flow the stock will trade back into the 10-20 cent range. AUZ will not have to issue any new new shares to develop the mine. They are already developing the new nickel feeder zone at this moment. This one may give instant gratification to its shareholders. Good luck to all longs.
 
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Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $18.18M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $1.876K 144.3K

Buyers (Bids)

No. Vol. Price($)
14 23848302 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 3207551 8
View Market Depth
Last trade - 11.22am 08/11/2024 (20 minute delay) ?
AUZ (ASX) Chart
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