I wasn't meaning to compare CDV to AQI in anyway, my meaning was CDV's effect on investors appetite for risk in the gold spec space, it caught alot of people with their pants down, 1fordamoney seems to be the only one that caught it, I only escaped cause I am way too cautious and planned to sell right before the JORC all along, I didn't see it coming at all, alot got burned included big institutions.
That results will force alot of people to tail back their exposure to gold spec and probably dampen their enthusiasm for taking additional risk in the near term, gold price isn't helping either.
My points on management failure are at communication the drill results took forever to come out and were extremely poorly explained to the general market, there was an extremely over hyped crowd in here at that time, who are now absent people most of them have moved over to CDV trying to sail that death ship, even though they have equally no idea what they are looking at over there, so their small brains could really only process one available option which was to hit the sell button.
Now fail number two was the whole acquisition took too long and now to mention nothing of exploration plans when it finally closes, thats a fail even a throw away line "exploration to start as soon as possible", would have been fine once again leaving people with no choice as these guys have proven they move painfully slooowwwwwwww.
As for doing another J/V god I hope not keeping 100% of that project is what is most attractive about AQI to me, when the big discoveries are made and they are getting bought out having 100% of a nearby property will give them massive leverage, J/V it out now big mis-step if they do so.
I can just tell you my intentions they are to wait for news of drilling starting then I will buy if the price is at these levels, if you think my posts are effecting the price I think your way over estimating my reach, we are getting a dozen views on this thread maybe 3 from me 2 from you, the other few viewers are no doubt in for the ride, my posts are just opinion.
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $17.20M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $10.82K | 335K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24638 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 50249 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300000 | 0.016 |
2 | 536507 | 0.015 |
1 | 150000 | 0.014 |
4 | 564614 | 0.013 |
3 | 203500 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 40000 | 1 |
0.019 | 13276 | 1 |
0.020 | 209964 | 2 |
0.025 | 136456 | 2 |
0.026 | 5780 | 1 |
Last trade - 14.41pm 19/11/2024 (20 minute delay) ? |
AQI (ASX) Chart |