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0.00% 0.7¢ auris minerals limited

Ann: More High-Grade Copper at Wodger, page-24

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  1. BeeJaye
    79 Posts.
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    21/08/17
    15:23
    Post #: 26637243
    Maybe they don't want to further dilute the shareholding in what they perceive is an undervalued SP? Do a capital raising after the options expire at an increased price (assuming some decent hits) - getting the same amount in the kitty but with less dilution. It was one of the reasons why they did the recent consolidation - i.e. reducing the large number of shares on issue.

    I would prefer the money in the bank option rather first - and I do not hold any options.
    AUR Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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