I expected to know about the number of underwritten shares that had been underwritten on Tuesday - as indicated by Wade Evans in the ann. However, nothing has been announced to date!
I am not concerned, more the case of being quite curious.
Why is there a delay?
The last Notice re the issue of shares from AUROA was on Friday 22/9, 13 days ago. That should mean that there are no more shares to be issued from AUROA, apart that is from those that were underwritten by Somers.options to be converted.
So, HQ and Somers have had nearly 2 weeks to get this sorted.
Did Somers organise SFR without telling the BoD of AUR about it and the Board doesn't want SFR to get shares that way? Anyway, Somers did the underwriting, so S has to cough up the do-re-mi!
AUR Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
