AU8 1.67% 6.1¢ aumake international limited

Ann: Capital Raising and Corporate Update, page-76

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  1. 90 Posts.
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    Well, I'm out at 62c. The trigger for me was the drop below the SPP. I've been worried about the business model of this company for a little while. I've been to the new shop in Sydney three times now. First time, I was the only one in the shop and second and third times, there was a Chinese couple looking, not buying. They were also selling A2M formula at a 10% premium to Woolworths (almost) next door. If there is a sharp increase in SP between now and 19 January, I can buy in @ $0.63 in the SPP. I hope that happens. If not, AU8 is no longer for me, but still more than doubled my money.

    GLTAH
 
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Currently unlisted public company.

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