Same reason. price might be "high" but it's very low SOI. Market cap is "expensive" for shells that I look for, but the 3 amigos IMO deserve the premium I pay for. Others may have a different opinion and that's ok.
AUT took a while before they came up with an acquisition, if I'm not mistaken, Sharrocks mentioned that it was 9 months worth of work. I'm assuming that they have something lined up based on the "other 2" opportunities mentioned in the AUT roadshow. So maybe it won't take 9months? Who knows, for now it's all guess work.
Oh, and here's one for those who enjoy a little conspiracy or two...
AUT's announcement of their acquisition...
Steve Parson's Significant Holder notice... notice first time he bought in CY5.
Could mean anything. idk... but couple that with the possible other two that they liked when looking for an acquisition for AUT? Just bit hard to ignore.
Also, change in address recently? Same address as AUT.
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Same reason. price might be "high" but it's very low SOI. Market...
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Open | High | Low | Value | Volume |
6.1¢ | 6.5¢ | 6.1¢ | $25.28K | 406.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42019 | 6.2¢ |
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Price($) | Vol. | No. |
---|---|---|
6.4¢ | 28663 | 1 |
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2 | 42019 | 0.062 |
5 | 602810 | 0.061 |
2 | 192421 | 0.060 |
1 | 16491 | 0.058 |
2 | 121595 | 0.057 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 28663 | 1 |
0.067 | 16454 | 1 |
0.068 | 17188 | 1 |
0.070 | 95000 | 1 |
0.080 | 12000 | 1 |
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