AUZ 7.69% 1.2¢ australian mines limited

"I wonder what SK thought about the insane smart reply to the...

  1. 11,263 Posts.
    lightbulb Created with Sketch. 307
    "I wonder what SK thought about
    the insane smart reply to the asx query?
    Probably we are dealing with a very unprofessional company.
    The Koreans do not have a since of humor where their money is involved.
    Unfortunately history cannot be erased and it is all in the ann
    on the asx. Other companies looking to do business with AUZ
    will base their decisions on what has happened."

    Exactly! I said it at the time, while the rampers were laughing and saying how great AUZ's reply was, my comment was something like "when you're a company needing to raise $AU1.4B+ it's not a good idea to present yourself as the class clown".

    I wonder how many people still think my 2.6c target won't get hit?

    The lesson from all this for people who've lost a bundle is that the market more often than not knows what's coming well before we do, ignore what the market is telling you at your peril.

    The good news for those who've done their nuts here is the market is always presenting new opportunities, lots of tech and biotech companies setting up some good runs just now and there's also some good indications a new resources bull is upon us. Hopefully the nickel price moves up significantly and AUZ can find some banks willing to take the bet.
 
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Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $11.18M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $11.7K 975.0K

Buyers (Bids)

No. Vol. Price($)
14 35271719 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 612037 2
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AUZ (ASX) Chart
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