AEE 1.67% 14.8¢ aura energy limited

Ann: Half Year Accounts, page-17

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  1. 1,940 Posts.
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    "The problem is - so many on here, and twitter, have fallen into the trap of listening to complete Bollox being spouted by people. Most are "non holders" who have held before and trade shorter term. Do some research."

    This is rich with irony.

    I wonder how many people were loading up at 0.033 back in January 2018 when the bulls on here were ramping. Happy to link some posts from that time if people need substantiation.

    You have been bullish on here the whole time I have been a bear since 0.023.

    Who would be better off?
    1. Taking a bearish view at 0.023 and selling
    2. Taking a bullish view at 0.023 and buying

    My position has always been consistent:
    a. Haggan is a sideshow that even the company wanted to spin-off as an IPO. It will never be mined, least of all environmental issues.
    b. Tiris is interesting. But delays are not helping. Delays caused by a. which result in more CR and dilution. I highlighted water would be an issue well before the company slipped in the ol' we have water but we are looking for a closer source. An objective thinker may consider this a big red flag. The DFS was suppose to be completed last year. And here we are in March and the company is looking for water.

    The SP finished below the 200MA back on 14/9/18. This is a big bearish signal. The SP has nearly halved in under 6 months. There is more than 6 other sell signals on the chart since that time.

    There is now massive overhang and any big announcement will be sold into by trapped bulls.

    The Haggan IPO and Tiris DFS have been mismanaged* and yet during this time the MD is rewarded with 17.5m shares at zero consideration. Wow!

    * I believe the company could not get the IPO off the ground because there was insufficient data on the resource which is why they have been spending time (and money) working on this, And now looking for water for Tiris is poor.

    Remember when those sophs sold out? What were the bulls on here claiming? Something about the gold project was it?

    All imo.
 
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Last
14.8¢
Change
-0.003(1.67%)
Mkt cap ! $107.4M
Open High Low Value Volume
15.0¢ 15.0¢ 14.5¢ $35.15K 235.4K

Buyers (Bids)

No. Vol. Price($)
6 323113 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 134647 8
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Last trade - 11.38am 27/11/2024 (20 minute delay) ?
AEE (ASX) Chart
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