Austar United Communications Limited

By Intelligent Investor · 13 Jul 2001

By Intelligent Investor ·
13 Jul 2001

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Aurumin Limited - AUN

Current price

$0.05 at 16:40 (18 April 2024)

Price at review

$0.69 at (13 July 2001)

All Prices are in AUD ($)

The stock has dropped a further 22% since issue 78 (Hold while Unstable - $0.90), despite a successful $200m capital raising planned for business expansion. If the company continues to cut costs and is successful in the new business services it may be okay. Continue to HOLD WHILE UNSTABLE.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Austar United Communications Limited

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Austar United Communications Limited

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