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20/11/17
23:14
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Originally posted by midmid21
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"The trading halt is requested pending one or more announcements as to the proposed acquisition of a 25% interest in Auberna SA."
Well this was unexpected, but what a great announcement for the company. On the back of 2 solid trading days, well done by management to begin to get something positive out.
Hopefully the market depth holds up and the price can get crankin back to +4c. I see a big wall at 3c, hopefully the news is good enough to eat that up.
Things are looking at so hopefully this continues through to decemeber and close out 2017 on a positive note.
GLAH
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Why is it a great announcement? What do you know about Auberna SA? How is AEB going to fund the acquisition?
Is this going to be yet another distraction from their core competency of raising cash from gullible investors?