The reason sk didn’t take up the shares was written into the...

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26/03/19

07:33

Post #: 37880977
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Originally posted by Atomic Toad: ↑

Analysts for small cap funds comb through these stocks looking for investments with
the right mix of risk to reward ratio. Clearly the risk far out ways the reward in the
AUZ investment case scenario.

Next is retail traders to tap for funds. From the twitter feed to the embellished statements
made at investment presentations the company is clearly aiming at this segment of
the market. Unfortunately they have been pulled up in the past for such statements.

Also adding to what one can only imagine to be SKs displeasure at the petulant rebuttal
to an ASX query. Hardly the type of actions professional investment funds or potential
partners would view as calm strong leadership in a company.

Now we have this Marcus character on board who is going to save AUZ as he is a financing
genius . He would not have moved to AUZ unless the company was going places
is the general belief. Strangely the lack of belief in AUZ by investment funds or SK who
has as close to insider information on AUZ as one can get, cannot see a reason to invest.
The argument is put forward that we do not know why SK did not take up any shares they
are just doing what they see fit for them good or bad.Lets sweep the SK rebuttal to AUZ
under the carpet its old news anyway.
Yet we apparently know that Marcus has came to AUZ because of a bright future.
I certainly hope the man has broad shoulders
it seems like the future of AUZ and hopes of hotcopper punters is riding on them.

I see the argument that the government will pour money in to start up the Sconi mine
because 300 jobs will be created. If the goverment wanted to create 300 jobs
it could easily be done with an increase in projects for the military bases in
the city. No need to try and prop up some small company with tax payer funds.

The risk scenario is in the red zone and could stay there for a number of years
as the SP bounces around in penny dreadful territory.

Expand

The reason sk didn’t take up the shares was written into the agreement , the terms were they had to secure finance by 31 dec . This didn’t happen so sk agreed to extend the finance date to September .

AUZ Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $11.18M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$5.364K	509.4K

Buyers (Bids)

No.	Vol.	Price($)
16	40145008	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	812137	4

View Market Depth

No.	Vol.	Price($)
9	2044305	0.024
19	5623322	0.023
16	3694682	0.022
9	2661473	0.021
26	3055551	0.020

Price($)	Vol.	No.
0.025	3845383	15
0.026	4804451	16
0.027	2002676	9
0.028	2560345	14
0.029	5351082	9

Last trade - 16.10pm 29/11/2024 (20 minute delay)

AUZ (ASX) Chart

The reason sk didn’t take up the shares was written into the...

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