AUL austar gold limited

low volume day, page-24

  1. 775 Posts.
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    HM you raised interesting point

    Recently there was a rally with share price at 16.5 cents. Then the 13.5 cent placement announcement came out and instantly price came down to 13.5 cents. Bad timing or planned to keep price down?

    Then was the rally when BM had 80% increase in resource but then was sold down again and sold down even further after trading halt despite settling Mt Mulligan. Poorly worded announcement or planned?

    Perhaps there is already a fixed price that Exergen has offered and the only way share holders would accept it or vote it in was if the price being offered was above current share price.

    Therefore it is in the interests of MNM management to keep price low.

    I am assuming share price negotiations occurred last year while share price was at bottom.

    Was odd how last year first capital raising failed and was lowered to 6 cents. It seemed then that management meant for the first to fail as they didn't raise any significant announcement in that time. Only significant announcement occurred during 6 cent capital raising regarding BM

    This is all my ideas and thought patterns but is what i see. DYOR
 
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