My conservative estimate is 1c. Based purely on current price movement and ANN dated 26/06/2018 - Completion of Rose of Denmark Gold Min Acquisition.
30mil options exercise price of 1.5c, by Nov 2019 - thus, if management value options at 1.5c, one can "estimate" the SP in Nov 2019 will/should be around 2-3c.
I can be completely wrong and any kind of news can dramatically change the SP.
From what i have learned - trying to accurately determine future SP is impossible, so I go with what Management tend to value their option price. Having said that, ASN options were valued at 2c - while SP was at 20c.
AUL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
