Not disputing involvement of an overseas pump group, but to me the article is misleading.
"By 10am the stock had opened up 7800 per cent at 33 cents, having recently traded at .03 of a cent before a 13 for 1 share consolidation that should’ve pumped up its price to 4 or 5 cents a share. It closed at 26 cents."
A) ASX:AEE opened and traded with the same market cap range that AIM:AURA has been trading within for a month now. B) The "7,800%" increase is based on the share price of ASX:AEE pre-consolidation. The percentage increase on open post consolidation is in the 100's of % not 1000's. Wording is misleading. C) The company has been suspended for an extended period, with all uranium stocks rerating upon over the past month - of course there will be a jump in the SP upon relisting.
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