AUR 0.00% 0.7¢ auris minerals limited

In an earlier post I advised that a possible reason for the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    In an earlier post I advised that a possible reason for the company being silent on the RC drilling between the anns re starting (5/9) and ending (28/9) was because it had nothing to report that was 'better' than what had been previously announced ie 50ms of cu at 1.5% and mainly oxide: hence not price-sensitive.

    Alternatively it could have relied on either one or both of these exceptions in not disclosing:

    The information comprises matters of supposition or is insufficiently definite to warrant disclosure; or

    A reasonable person would not expect the information to be disclosed.

    But the situation changed on 20/9 with the ann on the underwriting which created, imo, a sort of black-out period until the u/w shares had issued. The 28/9 ann was lacking in important detail, detail that would normally have been there I reckon. It was bare minimum stuff!

    With regard to the DD, it is possible of course that nothing of significance has been seen; but it's also possible that something good has been seen but that the company felt that it would be unfair to release while the u/w was still on foot - rely on one of the said exceptions or both. Just a thought!
 
watchlist Created with Sketch. Add AUR (ASX) to my watchlist
(20min delay)
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.
0.8¢ 493286 3
View Market Depth
Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
AUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.