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Ud be right to be concerned..my ..fear also lies with...

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hotdogrob

3,290 Posts.

628

11/09/19

11:57

Post #: 40380380
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Originally posted by Box-33r: ↑

My main concern is --- if AUZ cant raise finance and miss multiple timelines over the years.
Why would they be able to pull out a huge financing package in the next 2 weeks?
Im back in holding, but I am thinking twice about that sell button since we got back over 3 cents...

I still worry about the wording from SKI in the recent LFA -- as it seemed like they were saying THIS IS THE FINAL DATE.... and good luck getting the finance..... It was kind of a last roll of the dice, they even stated that they could pull out at any time before this date even if AUZ does get finance --- as the Due Diligence is totally at their choosing. These conditions seemed to all be on SKI's terms, not AUZ....

I could be wrong, but it seems way too rushed to get finance sorted in the next 2 weeks..

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Ud be right to be concerned..

my ..fear also lies with manangement..im concerned they just dont have what it takes to get it off the ground..
managements silence on funding is somewhat concerning..not for me as i sold out recently when the price went over the 3c mark..

an update on where funding is at would have been nice..

i guess i just hate to see the good folk on this forum lose capital.

AUZ Price at posting: 3.1¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$6.266K	766.0K

Buyers (Bids)

No.	Vol.	Price($)
34	7087723	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	1629425	11

View Market Depth

No.	Vol.	Price($)
34	7087723	0.008
29	9760004	0.007
13	5683558	0.006
8	4210000	0.005
6	4100000	0.004

Price($)	Vol.	No.
0.009	1629425	11
0.010	3987642	22
0.011	6856784	21
0.012	5432076	9
0.013	1850000	4

Last trade - 16.10pm 01/08/2024 (20 minute delay)

AUZ (ASX) Chart