You answered your own question there checker. It is precisely because of the lack of information, such as the monthly production reports that were promised and not forthcoming and the elephant in the room being that they won’t release the quarterly. All this spells bad news. There is no excuse in regard to the quarterly, as it is mearly a summary of what has actually occurred during Oct-dec period, information which they know, but refuse to release to the owners of the company, the shareholders. A bit rude to say the least. Whatever occurred in the quarter will be material to the capital raise, and therefore that info must be released before a cr occurs, how does holding back the facts, be they good, bad or indifferent going to be of any benefit? It just makes the co look like they are trying to hide bad news, which just turns investors off even more, if that’s even possible at this stage of the game.
AUL Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held
