From the man himself, "the 8 footer" Peter Reeve:
"We've never really seen the value of the Haggan deposit reflected in the Aura share price. Shareholders are smart people and I think that when they see the fact that this could potentially have the same market capitalization as Aura and we'll only sell out 20-30% of the asset at the IPO, so Aura will retain 70 0r 80% and that will be reflected in the share price."
Is Peter Reeve saying we are heading for a massive arbitrage play here or am I missing something?
What's the Vanadis IPO worth? Anyone willing to take an educated guess here?
Full credit to @silsol for uploading this video a few months back.
Vanadis IPO
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Mkt cap ! $126.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $1.296M | 7.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 21057 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 18.0¢ | 181738 | 5 |
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| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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| 17.8¢ | 18.0¢ | 17.3¢ | 1437723 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
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