AUK aumake limited.
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any views on the capital raising?, page-7

  1. persistentone
    1,491 Posts.
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    04/02/13
    16:04
    Post #: 11375776
    Axiomax, that isn't a fair comparison because they are also assuming debt. We are not getting a debt free accretion of earnings.

    I assume that most of today's trading is simply arranged trading by investment bankers trying to artificially support the price during a share raising. Remember it takes very little money to manipulate the price of this stock up or down 25 cents in a heartbeat.

    I wouldn't trust the price until the second tranche of the capital raising closes.
    AUG Price at posting: $1.35 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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