The only reason this is being moved to a merger is AUL was a complete and utter failure and Matt Gill and his connections he got into investing their will be a way of giving some of them some coin back...Remembering most of those holders are in at 70% less than long termers and will make coin on this, long termers get shafted...
Also with WRM only being a play for 6 months a year it gives them a way of re-writing AUL's story and get new punters in so they can keep raising money just like AUL and the ones before have on a loss making plant and ground that most know is just not economical..
They certainly have not bought AUL for a going concern and to actually make a go of it....Have they? lol
AUL Price at posting:
33.0¢ Sentiment: None Disclosure: Held