Which mining magnate hasn't had a bad story in their time anyway, look at Twiggy with Anaconda before he got into FMG. It's a risky game but you can make good money if you know what you are doing. If you lost a house or an arm/leg in the specie game like this then you clearly need to find yourself a better broker!
The current selling will be coming from the 2.5c EUM Rights Issue way back, those people are in some good profits and will happily realize them...maybe something you should have done with CDU.
This may not be a $10 stock but it's got merit to head above the 8c issue price with some good news.
AMG Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held