Club Mulgoa

Friday, February 04, 2011

AUQ

I am entering data from my Chess holding statments and notice AUQ's share price has jumped a lot since I bought in Sept 2010. I received a tiny number of shares because I owned shares in SRK. This is a non-marketable parcel.

When the opportunity arose in Sept 2010 to top up, I bought some at 13c. And when good news is ignored by the market, I often buy some more (a fortnight later) at 16c. On Friday, it was worth around 37c. The day before, AUQ announced that in Oman, it has drilled through native copper. CDU has left a bitter taste in most investors' mouths but not mine.

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