After doing my own research I decided to invest in this company. The prospects are to big to ignore and at just 14cents on close, I thought It was fine to buy in!
There are less than 300 million shares on issue which whilst not a small number is not a not a number that is concerning even if the company goes to the market and puts up say 50 million shares at 10 cents it will still mean that the number of shares is still im my opinion only (in terms of my own criteria) still ok. Under that scenario that will raise an additional $5 million anyway.
Overall Im expecting and hoping that Audax to get the attention of investors soon, if they hit oil at Chorbane then it will of and running if they double up at Sambuca, then some people are going to become very very wealthy indeed.
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Mkt cap ! $59.71M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $60.60K | 560.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 524158 | 10.5¢ |
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Price($) | Vol. | No. |
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11.0¢ | 210000 | 2 |
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No. | Vol. | Price($) |
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4 | 524158 | 0.105 |
12 | 685370 | 0.100 |
1 | 20000 | 0.099 |
2 | 150000 | 0.098 |
2 | 115711 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 210000 | 2 |
0.115 | 190000 | 3 |
0.120 | 106839 | 3 |
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0.130 | 215000 | 2 |
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