Australian (ASX) Stock Market Forum

AUX - Ausron Limited

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30 October 2006
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Bizarre looking graph on this baby. Seems as tho they had some sought of capital return on their shares @ 3 cents per share which accounts for the recent price drop from 5 cents to 2 cents. It doesn't account for the recent rise from 2 cents to nearly 3 cents ( 30 %) over the course of the last 2 trading days. Anyone else aware of this stock?
 
constable said:
Bizarre looking graph on this baby. Seems as tho they had some sought of capital return on their shares @ 3 cents per share which accounts for the recent price drop from 5 cents to 2 cents. It doesn't account for the recent rise from 2 cents to nearly 3 cents ( 30 %) over the course of the last 2 trading days. Anyone else aware of this stock?
Up to 3.1 cents now with a little bit of depth but still looks proppy! Still not convinced.
 
constable said:
Up to 3.1 cents now with a little bit of depth but still looks proppy! Still not convinced.
Up to 3.5 cents now .......hmmmm thats up 75% in 2 days! Wish I had of bought when I first posted this morning!
 
look at this mornings 'holder' ann's - that'll tell ya.

formerly YTL - seeds etc - they are selling all assets, and obviously still have some left.
 
Cracked 7 cents today.

Been steadily climbing since I bought it at just under 4 cents.

Looks like an announcement could be on the cards re their new business direction...into the financial sector.
 
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