AAM 0.00% 2.0¢ australian industrial minerals limited

why the fall?

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 1,696 Posts.
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    Am interested in people's views on why AAM is down almost 4.4%, when every other gold stock I can think of is up.

    Today should be a positive day for the stock, off the back of the gold price going up over night.

    The only reasons I can think for it falling are that there are sellers who know something I don't or traders trading on thin volume distorting the price movements (in which case its a buying opportunity).

    I always feel uneasy averaging down, just in case there's something thats happened with the company that insiders are trading off that I don't know about.

    What are your thoughts?

 
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