Post by
vincentmtl on Jun 24, 2016 3:13pm
It's a big mistake to list AUE in London
It's a big mistake to list AUE in London. Every time, AUE in AIM traded much lower than TSE, so my guess is someone buy shares in AIM and sell in TSE for getting profit. But the worse side is current holders of AUE lose money and let the new comer buy shares at lower price, below the normal market price. Current gold market is much more different than past years and I couldn't see any bright future from AUE share price. Who is more stupid? I don't know. AUE will be bankrupt? Unlikely. Gold will be lower price than today? Unlikely. AUE has solved all issues? Maybe. Once AUE issues the product data and hope that data could assure the market and limit the cross market profit taking.