AUR 0.00% 0.7¢ auris minerals limited

Ann: Trading Halt, page-19

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  1. 595 Posts.
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    Andrew Frazer is and has been a major supporter of RNI in the past with John Wellborne. There is an article in today's Australian, regarding this.

    http://www.theaustralian.com.au/bus...r/news-story/e9b1430b9e0c674f33574488084d4d87

    All the major shareholders I believe participated in the recent issue of options, if they don't exercise, there equity percentage will be reduced. This is the squeeze.

    This leaves the opportunity for a new investor to get a good sized stake, without having to buy on-market.

    I am sorry if it appears a bit cryptic, I incorrectly assumed most had read the article. I have simply put 2 and 2 together.

    Cheers
 
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