AUL 7.25% 32.0¢ austar gold limited

Ok so from 1.3 to .009 means a few are in the red.....Why?...

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  1. 2,649 Posts.
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    Ok so from 1.3 to .009 means a few are in the red.....Why?

    Because we all know there is good/great news to follow....

    So why has the price fell?.....Because traders and short termers jumped in hoping for pip/s trades and quick profit on the gold plants production...News hasnt come and the traders have taken the hit and moved on and are waiting back in the distance for when it does.....

    But the main reason is that AUL need money and will raise this money most likely to inners and close allies at around .008/.009/.01, for them to achieve this the sp has to be around these prices for wvap and keeping to the rules of raising capital by ASIC, once this raising has been completed(soon)then the handbrake will come off and the ann's will be thick and fast and as i have said before AUL will be braking new sp highs weekly......

    They cannot raise around 1.3/4 and give it to friends at .008 they will be breaking the rules.....
    So here we are just biding by the book until everything is signed off......

    You have all been given a second chance to get on board cheap....


    By the end of the month 2c will be a distant memory..

    Good luck to ALL
 
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