Have to agree, seriously undervalued. however, this presents a huge opportunity for investors willing to do some due diligence and take on some risk.
As a summary, AUC has;
1] No debt
2] Cash of 7.85 Million
3] Proposed expenditure of approx 1 Million next quarter
4] 92 pct of expenditure attributed to exploration
5] Projects are in the HOTZONE with SFR, THX et al
6] Assay results due to be released
The last few days have seen some interesting developments on the option front. Today's increase in share price is still not substantial on volume to indicate a possible leak. It is possibly new investors and current investors taking positions prior to release of announcements.
The next week shall be interesting for this company.
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Last
42.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.2M |
Open | High | Low | Value | Volume |
41.5¢ | 42.0¢ | 40.8¢ | $188.6K | 455.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 52715 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6480 | 0.395 |
3 | 90000 | 0.390 |
3 | 157691 | 0.385 |
4 | 41860 | 0.380 |
2 | 47067 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 5000 | 1 |
0.410 | 10000 | 1 |
0.415 | 2407 | 1 |
0.420 | 80000 | 1 |
0.425 | 2600 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
AUC (ASX) Chart |