AUL 0.00% 28.5¢ austar gold limited

Ann: June 2020 Quarterly Activities Report, page-108

  1. 11,416 Posts.
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    "You make no sense."

    What doesn't make sense, perhaps I could explain it better?

    "And neither did you know it traded under that temporary code. The whole point, bud, pertained to AUL. The code AUL. If the majority aren't aware it's trading under a different code, then how can that be taken into consideration."

    The only relevance to it trading under a different code is that your E-trade data doesn't show the SP movements accurately after consol, and therefore you can not accept that your assertion was incorrect. The yahoo charts data that I referenced is correct.


    "These are the facts; It closed at 004 under AUL. It opened at 24c under AUL, which is 40% down on what its post consolidation price should've been as per the 100:1 restructure."

    The facts are actually it traded in a 0.2-0.3 range before over a month before the consol apart from a very small amount of shares that was up a pip to 0.4 the day before, due to the lack of liquidity. Once the shares were available to trade it opened at 30c, not 24c as you assert. It is still trading between the 20-30c range so is flat before and after consol.

    Last edited by vertigo: 03/08/20
 
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