AZG 0.00% 3.6¢ allmine group limited

On the technical side of things on top of the great...

  1. 384 Posts.
    On the technical side of things on top of the great fundamentals. This stock shot up 19.4% on the 4/3/11 on triple the previous days volume and then the following Monday it shot up 30.2% on double the 4/3/11 volume. In 5 years of Investing and trading I register those increases to place number 1 and number 3 on my best one day gains. IPO price was 20 cents but because they initially started this IPO in early 2009 (near the bottom of the market) they weren't able to issue at a more realistic higher multiple and then the IPO dragged on and on... some retail investors got annoyed and just wanted their money back after nearly 2 years of waiting hence the shake out at the start where it hit 16 cents.
 
watchlist Created with Sketch. Add AZG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.