AU8 1.67% 6.1¢ aumake international limited

Ann: December Quarterly Report & Appendix 4C, page-6

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  1. 287 Posts.
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    Just like before at every announcement. A big pop then sold off immediately within 1 hour. I reckon the company is doing well and is likely to  become slightly profitable before their 8m cash reserve is depleted. For a young company, it's doing quite ok! It looks like the market is very unforgiving right now. One will have to be patient. A few days ago, AU8 was sold off to around 20c where it hit storng support. I think the stock is safe as a long term investment from here on. It could be up by 50% within the next 2 years.
 
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Currently unlisted public company.

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