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You got pumped and dumped, page-59

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sisyphus.climb

53 Posts.

46

10/05/18

11:28

Post #: 33006331
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Originally posted by leoburner ↑

You could be a basic and think 'pump and dump' or you could think outside the box

Other possible reasons for Aurora inflating the price
1. Anti-takeover measures
2. Have an inflated asset on the balance sheet for something like their quarterly report
3. Dissuade competition by creating an industry giant
4. Making the price undesirably high to fend off losing control to institutional ownership

Think more strategically
I'm pretty sure a real pump and dump is illegal. Why would someone from Aurora coordinate that, and why would anyone in the know sell if there is going to be a buyout and a better price.

Think!

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If you read the thread, I’ve already said it may just be opportunism. The effect on buyers at the recent high is the same and without further material announcements they will lose patience and sell within a few weeks.

CAN Price at posting: $3.67 Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $17.74M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.8¢	$5.326K	139.5K

Buyers (Bids)

No.	Vol.	Price($)
3	59929	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	68724	2

View Market Depth

No.	Vol.	Price($)
3	59929	0.038
5	783582	0.037
2	47501	0.036
5	4035800	0.035
4	72094	0.034

Price($)	Vol.	No.
0.039	68724	2
0.040	14285	1
0.041	90000	1
0.042	310000	2
0.044	300000	1

Last trade - 15.27pm 10/09/2024 (20 minute delay)

CAN (ASX) Chart