AAJ 13.3% 1.3¢ aruma resources limited

Major Australian Gold Deposit, page-5

  1. 547 Posts.
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    This is why I'm sitting patiently and going long and hard on this one. I believe AAJ is a very undervalued stock at the moment. There's never been a better time to buy at the moment with gold at the current level and potential of the current projects. I see two thing's happening here for Aruma, gold price eventually increasing and Mr Schwann and team quietly working away in the background on Aruma's projects trying to add value and be smart about it to get the biggest bang for the next buck spent..


    Like others have said, the company is doing it's best to not raise money at these levels but look at it like this, even if they do and it looks unlikely that they will because why wouldn't it of happened by now (I sense something is up but it's doing my head in as to what), where is it gong to be at? 0.5c? and then what will the company be able to do and where will the SP go to then under speculation and yes it is going to be speculation until something big is proven or not proven. Good luck buying at a lower level once the next something happens and good luck contributing to a cap raise at a cap raise price when it would most likely be open to the sophisticated. Most people are sitting on a loss at the moment hence the low trading volume in the last little while so I can't really see a great amount of opportunity to buy if a capital raise is at say 0.5c. GLTAH.
 
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Last
1.3¢
Change
-0.002(13.3%)
Mkt cap ! $3.997M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $14.26K 1.041M

Buyers (Bids)

No. Vol. Price($)
4 391000 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 300000 1
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Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
AAJ (ASX) Chart
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