Well if you look at the ASX announcement on the 9th June 2011
it tells you that they came in on the placement at $1.35 a share, which comes to 5.47% of the voting power of the company.
Then on the 26th July 2011 an ASX Announcement was made that JP Morgan has increase shareholding to 7.83% of the voting power of the company. Share price then was around $1.65 to $1.70 a share.
There has been no announcement since that JP Morgan have jumped ship and abandoned Ausgold.
So they obviously thought Ausgold was on to something at the $1.35 - $1.70 level
So at $0.26 with JORC in December is Ausgold waiting to explode? and once again the market has go it wrong at this share price.
Well if you look at the ASX announcement on the 9th June 2011it...
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Last
41.0¢ |
Change
-0.010(2.38%) |
Mkt cap ! $153.2M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 41.0¢ | $69.40K | 169.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 45376 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 36539 | 6 |
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| Last trade - 10.29am 29/11/2024 (20 minute delay) ? |
| AUC (ASX) Chart |
