You could be a basic and think 'pump and dump' or you could think outside the box
Other possible reasons for Aurora inflating the price
1. Anti-takeover measures
2. Have an inflated asset on the balance sheet for something like their quarterly report
3. Dissuade competition by creating an industry giant
4. Making the price undesirably high to fend off losing control to institutional ownership
Think more strategically
I'm pretty sure a real pump and dump is illegal. Why would someone from Aurora coordinate that, and why would anyone in the know sell if there is going to be a buyout and a better price.
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3.0¢ |
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Mkt cap ! $13.54M |
Open | High | Low | Value | Volume |
2.9¢ | 3.0¢ | 2.8¢ | $4.417K | 152.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18500 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 142215 | 4 |
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No. | Vol. | Price($) |
---|---|---|
1 | 18500 | 0.029 |
8 | 919986 | 0.028 |
9 | 364259 | 0.027 |
3 | 158000 | 0.026 |
4 | 220000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 142215 | 4 |
0.031 | 196118 | 3 |
0.032 | 174200 | 3 |
0.033 | 578944 | 8 |
0.034 | 65720 | 1 |
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