AUZ 7.69% 1.2¢ australian mines limited

Given the somewhat predictable expected price action since the...

  1. 2,132 Posts.
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    Given the somewhat predictable expected price action since the CR , I decided to Buy on market again today folks after disposing of my allocation and earlier purchases into the pump.      At the very least it confirmed to me that  the bottom was always in play at .03 cents as previously mentioned.   Most importantly , it re-affirmed  my quest into the reasoning's of making the Cap Raise 2.9 .

    And while a good portion of the raising has clearly been rinsed through ( so much for those Big Guy's holding as suggested ) , it will be very interesting whether we ' Pop ' will occur in anticipation of preliminary finance and funding arrangements , or indeed whether the SP will follow the more risk averse down with the potential softening and subsequent down trend in the DOW. 

    With respect to stocks like AUZ - Yes I agree you have to do ALL the research or at least as much as you can ' unearth ' and compare.   However with all the timelines involved - there are also the Intangible Instincts involved.  So you have to be ' Workman like ' in your approach to this game.    That's why I have the quote in my ' Tag Line ' of all my posts.  Incidentally , that is my own quote so i guess I really should have  noted or footnoted it as :-  'Silent - Bubbles '.

    So for me it is most important  that I repeat that to myself  every time I make a trade .   And this  is so I never forget this conviction .   

    In regards to AUZ ,  I still believe the management priced the offering for a reason ,  and also for perfection.   This is why I elected to come back in initially at this price level.     Good Fortunes to everyone else as well......smile.png.   
 
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(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $11.18M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $11.7K 975.0K

Buyers (Bids)

No. Vol. Price($)
14 35271719 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 612037 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
AUZ (ASX) Chart
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