There are over 40m listed option shares with a strike price of 12 cents expiring soon. There are 400m shares all up, I don't think anyone would let them lapse in my opinion.
Pushing AUR up to around 18-20 cents would offer the exercise of those shares, the only catalyst that I see can do that is a takeover by SFR, which lets me speculate a possible takeover from SFR. Win win for both parties, that's the theory
BB oversaw the takeover from IGO on WIN along with Fotios, it's not far fetched that a marriage between AUR and SFR is the only plausible outcome
Boardroom Power Play showdown, page-6
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.383M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1337500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 806918 | 1 |
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| Last trade - 10.00am 02/12/2024 (20 minute delay) ? |
| AUR (ASX) Chart |
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