AUR 0.00% 0.7¢ auris minerals limited

So, AUR $.048 x 407.785m shares = MC of $19.57m SFR $6.54 x...

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
    So, AUR $.048  x 407.785m shares = MC of $19.57m

    SFR $6.54 x 159.222m = MC of
    $1,041m

    AUR's MC is 1.88/100ths  (1.88%) that of SFR's.

    What would SFR have to offer in order to get the interest of say Michael Fotios, Rob Martin, Peter Newton and Gary Castledine? I couldn't see it as being less than 15c a share. That would mean a minimum offer $61m or so. SFR could afford to pay that in cash, but imo it would offer scrip as well. I'd take scrip. I'd still like to have an interest in the Bryah exploration. I also think that SFR has good interests elsewhere.
 
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.