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aul, trading insolvent |
 Posted: Feb 23 2021, 01:47 PM
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Posts: 8,287 Thanks: 2668  |
In Reply To: stocks's post @ Apr 30 2020, 10:19 AM AUSTAR GOLD TO BE ACQUIRED BY WHITE ROCK MINERALS (WRM) Highlights: QUOTE • White Rock to acquire 100% of AuStar Gold AUL by way of scheme of arrangement in an allshare transaction under which, if implemented, AuStar Gold shareholders will receive 0.78 White Rock shares for every AuStar Gold share held. .
• The Scheme delivers significant value to AuStar Gold shareholders. The implied price of the Scheme consideration represents a premium of approximately 47% based on the last trading price of AUL shares on 1st February 2021 and 56% based on the 1-month VWAP of AUL shares. • The Scheme moves White Rock into the league of gold producers and secures a large (~670km2) under-explored land package with historic high-grade gold production in the highly prospective Victorian goldfields. -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
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Posted: Apr 30 2020, 10:19 AM
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 Posts: 65 Thanks: 4 |
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Posted: Nov 27 2019, 07:21 AM
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Posts: 34 |
In Reply To: lugaville's post @ Nov 2 2019, 05:27 AM get ready for mass dilute then the 100 to 1 smashing re hash..not for me ..and still be short of capital IMO |
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Posted: Nov 21 2019, 07:42 AM
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Posts: 34 |
In Reply To: lugaville's post @ Nov 7 2019, 03:16 PM good luck with the CR they will blow capital out by the billions.. no thanks |
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Posted: Nov 7 2019, 03:16 PM
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Posts: 34 |
In Reply To: lugaville's post @ Nov 2 2019, 05:27 AM looks to be insolvent going by last 1/4r reports imo |
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Posted: Nov 2 2019, 05:27 AM
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Posts: 34 |
last 1/4 not a good read looks to be trading insolvent imo..
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