AUZ 7.69% 1.2¢ australian mines limited

AUZ - chart, page-4359

  1. 635 Posts.
    lightbulb Created with Sketch. 80
    Hey jyefrey

    Not a silly question.

    If nothing progresses with mining, etc in the next year or so, then my guess would be for a MASSIVE consolidation (e.g., perhaps as much as 1 new share for every 10 shares cancelled) to bring the total number of shares on issue down thus raising the share price - which ends up usually quite a bit less than it should be (i.e., it won't be 10x the pre-consolidation price) - and then another CR. The cycle repeats based on how much company spin investors digest and how much operational success company achieves.

    Cheers.

 
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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
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AUZ (ASX) Chart
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