AOA 0.00% 0.2¢ ausmon resources limited

Take a punt, page-19

  1. 31,600 Posts.
    lightbulb Created with Sketch. 142
    Might fall to half a cent or might head to 2 cents its all guesswork
    Valuation versus potential is priced wrong....1.7 cents to 2 cents it should be trading at however people waiting for a possible c.r....the funny thing head over to the w stock which is all pom poms at current valuation and yet they need to raise more for acq so you could be buying now at 50mill val when in reality it might need to be a 10mill raise considering any crap project stock will get hammered....here we are worried about a tick or two when its actually valued wrong lol...watch if they announce a raise l bet you a week later will be circa 2 cents currently
    When l bought auk/cll same crap happened luckily l know my sht and am patient
    From here only thing that can stuff up a big return is a pointless raise of let say 3mill ie 300mill shares at 1cent...
    Cannot see anything but green days for hopefully a year....till then tick brigade will do what they do best....buy 1million shares 4 lines and pass the parcel stock has limited downside... l did once upon a time play that game
    A smart player with street smarts knows currently little risk so could probably even take 10 mill shares and play the stacks
    Just saying
    Mcap does not lie everything else is just a game
    Luck to all
 
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