AIS 2.86% 18.0¢ aeris resources limited

"buying AIS at this stage like buying a bar of gold and putting...

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  1. 1,018 Posts.
    lightbulb Created with Sketch. 37
    "buying AIS at this stage like buying a bar of gold and putting it in your locker for a rainy day"
    you're absolutely correct.

    the unknown becomes known
    the dirt cheap with highest potential becomes attractive
    the unloved becomes a love one
    and the last becomes the first to run.
    Ais proves to be a safe harbour in a stormy/rainny day.

    Regarding to the 5M cost Ais could choose to raise capital at cheaper price but I think the decision will dammage investor's confident to question Ais's ability to pay off its debt.

    I really want Ais to produce as much as it could and spend the money to explore the greenfield assets around Olympic Dam.
    Ais will recieve 100M for greenfield exploration from the government.

    http://www.pitcher.com.au/news/unpa...-incentive-what-will-it-mean-junior-explorers

    For the trade war I believe explorers are in good position to ride out the storm.
 
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Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $193.5M
Open High Low Value Volume
17.5¢ 18.5¢ 17.5¢ $213.4K 1.185M

Buyers (Bids)

No. Vol. Price($)
2 24856 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 106134 7
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AIS (ASX) Chart
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