AUL austar gold limited

Merger Announced 3 Feb , AUL closed on 34c and WRM closed on...

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    Merger Announced 3 Feb , AUL closed on 34c and WRM closed on 53.5c

    34c equates to 43.5c post merger so there was a 10c discount to the WRM price of 53.5c

    Since Feb WRM has traded between 64.5c and 43c and AUL has traded between 40c and 26c

    Today AUL closed at 30c which equates to 38.5c post merger. Discount to current WRM price is 10.5c

    AUL should currently be trading at 38c unless no one expects the merger to go through.
 
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