Osr1986 The fact that AUK has a shareholder like Norm Seckold bodes well for the future of the company. At the time Norm peeled off a couple of large ones from his roll, there was a note in the annual report from the auditors that unless they could access some cash inflows quickly, the company would cease to be a going concern. If Norm can repeat his Bolinsi Gold effort, shareholders will be in for a ride-and-a-half.
I'm not a holder at this stage, made some cash trading it between .18-.22 last year. In my opinion it looks like a pretty safe entry point at the moment. Certainly a fair amount of pain for those that bought the last run.
Cheers
AUK Price at posting:
14.5¢ Sentiment: Buy Disclosure: Not Held