AUC 4.44% 43.0¢ ausgold limited

the rot has set it

  1. 91 Posts.
    What happens when you keep issuing shares. Well they keep getting dumped into the market. Pretty pleasing to see a number of option comng up that will probably be way out of the money.

    The new MD sure has some work to do and it appears the market is not very impressed with this placement. As soon as it was announced it has been on a down hill run.

    My call is still some form of cap raising as I reckon they would nealy be out of funds.

    Clowns!!!
 
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