AEE 3.23% 15.0¢ aura energy limited

Yep, it's called "Hobsons choice".....the helping hand that...

  1. 1,275 Posts.
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    Yep, it's called "Hobsons choice".....the helping hand that simultaneously shafts you.

    This unfortunately is the lot of those trying to raise funds in a poor market. If we were still peddling U308 only then I fear this would be our fate.


    I hope I'm wrong, but I don't see the line of sight from a good IPO for Vanadis to a climbing SP for AEE. Someone already said it here a while back; right now we own 100% of it, so how will owning only 80% increase our value?


    In my mind in the 1-2yr term this is only a cash raising exercise for Tiris. The possible SP rises that come from Vanadis will be due to things they are yet to do in the next 12-24 months.



 
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