AZX auzex resources limited

Im very confused why this stock has settled around 20c. Every...

  1. 2 Posts.
    Im very confused why this stock has settled around 20c. Every analyst suggests the stock is trading at around 80% market discount. Considering the bullabulling resource and potential inflows over coming years the market cap is incredibly disproportionate.. Coupled with the above (GGG), AZX's partner in the project has traded much more favourably in the UK yet they hold an equal 50/50 split in this mine...

    More positive news is expected in coming weeks as per below article.. so unless there is something im missing i will be consolidating very strongly below 25c

    http://www.proactiveinvestors.com.au/companies/news/9459/auzex-resources-intersects-new-gold-outside-bullabulling-resource-9459.html
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.