AUK 12.5% 0.7¢ aumake limited.

I doubt their rigs remain idle the whole year. That is the most...

  1. 1,962 Posts.
    lightbulb Created with Sketch. 157
    I doubt their rigs remain idle the whole year. That is the most unlikely of all scenarios, and in that most unlikelihood of all scenarios the SP right now is still attractive.

    Management know there is a little bit uncertainty when it comes to Atlas this year which is why they were a little bit guarded in their guidance.

    But still they are expecting growth across the company as a whole and unless Atlas gives them absolutely zero other parts of the company will pick up part of the slack. Maybe not the whole slack, but a fair bit of it.

    I just think people are making assumptions and coupled with negative sentiment we see what can happen.
 
watchlist Created with Sketch. Add AUK (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(12.5%)
Mkt cap ! $13.40M
Open High Low Value Volume
0.8¢ 0.9¢ 0.7¢ $177.2K 22.65M

Buyers (Bids)

No. Vol. Price($)
17 22613403 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1562500 2
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
AUK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.