Very good analysis
I think that stockholders are split in 2 groups: the former MCO investors and the new comers.
The first group is disenchanted by many years of waiting and won't buy more. The second one invested already and is waiting for good news.
The stock will rise when new investors realize the true potential of AUL. This can only happen thru JORC (unlikely to happen soon) or thru production & sales which is what matters to Mr Market in the end.
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