I am relatively new to this game.
I've DMOR and think AUZ is a winner. The only thing that concerns me is the # of shares on issue..2 1/2 bill or there abouts. My logic is that this is necessary to get anywhere near close to production. However, will the shear # of shares on issue be a hindrance to how far the SP will/can go?
I like to look at BHP who have around 3 1/2 bill shares as a comparison.
I'd like to hear the thoughts of more seasoned campaigners on this please.
# of Shares
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Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $29.27K | 2.917M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 5699719 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 10400 | 1 |
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| Last trade - 15.58pm 12/07/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |