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HuberttheBear

87 Posts.

03/12/14

01:09

Post #: 14397119
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Originally posted by muppets ↑

Bodies please don't insult shareholders by referring to this as a 'big bucks' offer. In my situation average purchase price is about 82c and sale is going to return circa 40-50cents. Researches valued the share price from say $1-$1.60.

yes the mining slump has impacted the share price. My feeling is the share price, given the quality of the asset, has been impacted greatly by a lack of market confidence in the board. Members of the board have a track record of talking up the quality and value of projects which stimulate shareholder investment. There appears to be an inability of the group to get a project past exploration phase.

i had faith the board could and would get this project to production. This will now not occur.

i am now one of the many shareholders who have lost confidence in the board and their ability to use any retained equity in the best interests of shareholders. This board is already connected to a number of 'shell' companies with fees and expenses slowly chewing through the shareholders funds while the company looks for opportunities.

I, like other shareholders, just want to put this experience behind us, get what's left of our capital back and move on. The board controls the votes so let's hope all the capital gets returned to investors.

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Perhaps I have missed something Muppets but your in at 82c and general consensus is with this news stock conservatively priced at 40-45c with probable 20-25c paid back to investors if all goes ahead. No advice intended but at current SP of 25c wouldn't you be averaging down and buying?

So sorry if I have missed something but if you look at current SP isn't this money for jam? I must be reading this wrong? IMO buy below 30c?

AYA Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 52.0¢		Change 0.020(4.00%)		Mkt cap ! $20.85M

Open	High	Low	Value	Volume
49.5¢	56.0¢	49.5¢	$204.7K	381.6K

Buyers (Bids)

No.	Vol.	Price($)
1	1499	52.0¢

Sellers (Offers)

Price($)	Vol.	No.
54.5¢	11267	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.270
1	75000	0.265
1	38400	0.260
1	4900	0.225
2	11500	0.215

Price($)	Vol.	No.
0.300	7404	1
0.315	3501	1
0.320	24464	1
0.335	70000	1
0.340	6626	1

Last trade - 16.10pm 03/12/2024 (20 minute delay)

AYA (ASX) Chart