I think a little loose. U spot price rose about 25% during 2018.
AEE went down by nearly the same %.
Why?
Some people have suggested the 3 big holders who were in for the gold sold out.
The CR in March 2018 says:
"The placement was made to existing shareholders, including Aura's long-term strategic shareholders in London, small cap funds..."
The announcement then goes on to talk about the Haggan project.
https://www.asx.com.au/asxpdf/20180329/pdf/43stkjwk1g6hgf.pdf
So who had been peddling the angle about large holders selling out because of the delays in the gold project? I know.
I put it squarely on poor performance of management resulting in delays.
By the way, out of the $3.7m raised back in 2018, more than 10% went towards Peter's remuneration. Excluding the 17.5m performance shares granted.
All imo.
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Uranium- the boom is coming, page-75
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $107.4M |
Open | High | Low | Value | Volume |
15.0¢ | 15.3¢ | 14.5¢ | $51.13K | 340.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5795 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 29029 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 5175405 | 0.012 |
9 | 4708402 | 0.011 |
11 | 5696999 | 0.010 |
2 | 3500000 | 0.009 |
4 | 1475000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1132508 | 2 |
0.014 | 1152736 | 4 |
0.015 | 4077609 | 10 |
0.016 | 1080476 | 4 |
0.017 | 1324000 | 3 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
AEE (ASX) Chart |