AEE 3.23% 15.0¢ aura energy limited

Vanadis IPO

  1. 473 Posts.
    lightbulb Created with Sketch. 109
    From the man himself, "the 8 footer" Peter Reeve:

    "We've never really seen the value of the Haggan deposit reflected in the Aura share price. Shareholders are smart people and I think that when they see the fact that this could potentially have the same market capitalization as Aura and we'll only sell out 20-30% of the asset at the IPO, so Aura will retain 70 0r 80% and that will be reflected in the share price."

    Is Peter Reeve saying we are heading for a massive arbitrage play here or am I missing something?

    What's the Vanadis IPO worth? Anyone willing to take an educated guess here?

    Full credit to @silsol for uploading this video a few months back.

    Last edited by sapporo: 09/09/18
 
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