That makes no sense investment wise.
There's a bunch of people here that hold over 5 million shares.
And they were bought at a time when there was massive, massive risk.
All the hard work has been done. The company is now on its way to production.
Why on earth would you sell now?
This is when you get to cash in on the risk you took.
Not many stocks with high risk actually make it to a traction point.
For those that bought sub 2c and bought plenty then this is a once in a lifetime stock.
It's absolutely not the time to bail.
The mc is under 300 mil for Christs sake and it has guaranteed revenues coming. I.e. Over 500 mil per year for 13 years.
That makes no sense investment wise. There's a bunch of people...
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $20.97M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $24.86K | 1.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 21880828 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2955316 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |