Sorry, all non producing mines are "0" x whatever potential $$$.
What you gotta do as an astute investor is balance risk vs reward. How much do I factor in the potential future cashflow vs the risk of not achieving that.
You are welcome to wait until your zero becomes a "1", or even a 75%, but do NOT expect to pick up AUZ for 10c then. I for one, am very happy with that risk reward profile and suggest that even at 15c or 20c AUZ is a steal right now.
For me, your "0" is already more like a 70%+. Go figure.
What really happened, page-268
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $2.197K | 299.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 14814624 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1366647 | 11 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |