AUR 0.00% 0.7¢ auris minerals limited

Ann: Wodger Drilling Starts, Boosted by $200,000 Government Grant, page-72

  1. 13,840 Posts.
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    The buying interest has come as a surprise, a very pleasant one though.

    Someone (x 2?) has today decided to buy up what's on offer at 8c and a bit above. The auction set the tone with about 2.46m being consumed, and it's settled down since then as some holders take advantage of the new 8c interest and the liquidity on offer.

    The buyer (s?) knows why!

    The foundation at 8c though was set by the JPM placement and Somers' underwriting agreement. Maybe today's interest is simply based on a recognition of that foundation.
 
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