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6.5¢ aurora energy metals limited

Ann: Initial Director's Interest Notice, page-13

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kevwal60

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06/02/24

15:33

Post #: 72265365
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Originally posted by mmoore1957: ↑

Sprott runs a number of Uranium ETFs. They do not manage companies but merely invest in them. If you checked their Uranium ETF constituents you would see companies like PDN, DYL, TOR, PEN and many other ASX Uranium companies are members. Their SPs have benefitted substantially from cash following from the ETF into their shares. From Sprotts's perspective 1AE is too small yet to be included in its ETFs. Once it is granted membership, the flow of cash from the ETF will put persistent upward pressure on the share price. Hence it has not yet been discovered by Sprott and once it has been we can all enjoy the ride.
The lack of buying volume is the reason for the lack of movement in the SP. Manipulation is just a myth and is not the reason for the SP lanquishing.

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One more question, if I may. If 'granted' membership into the club known as SPROTTS, only then will money flow into the company? Is that what I'm reading. Why can't ordinary investors flow cash into the company? Am I missing something that is unique to the Uranium mining industry?

1AE Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $11.63M

Open	High	Low	Value	Volume
6.4¢	6.5¢	6.4¢	$3.018K	46.81K

Buyers (Bids)

No.	Vol.	Price($)
3	173761	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	1739	1

View Market Depth

No.	Vol.	Price($)
3	173761	0.064
2	412682	0.063
2	98064	0.062
6	411665	0.060
1	120000	0.059

Price($)	Vol.	No.
0.065	1739	1
0.066	18365	1
0.067	40457	1
0.070	500	2
0.072	161364	3

Last trade - 15.14pm 23/07/2024 (20 minute delay)

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