AUZ 0.00% 0.9¢ australian mines limited

Sentimet, none - disclosure, not held - profile not availbee, page-89

  1. 138 Posts.
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    Demerge (= to give up non core business parts) is a good step towards healthy business future - to focus on what they are doing best with competitive edge. Share price consolidation is also a good sign of fresh start away from past poor performance. These 2 things are common traits of turnaround companies who typically show a rapid growth with transformation. Unfortunately auz has not shown any sign of rapid growth so far even with all the favorable macro Business environment. AUZ can be either a sleeping giant who will wake up and fly any minutes or a fool who will sleep on gold forever. Non disclosure is just one part of the whole story. There is always leak from insiders which influences the sp prior to official news. Cash is always the king in share market - at least you preserve the seed money - Rule number one.
 
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