Aura Renewable Acquisiti... Share Discussion Threads

[bordersboy] 24/6/2008 07:17

well fk me, over a grand in 20 mins lol

[cyberbub] 24/6/2008 07:17

looks like i have missed the boat... there might be a bit of resistance at the psychological 10p, on the other hand if there is a firm bid coming in then who knows where it will end the day

[chesty1] 24/6/2008 07:16

ok then 10p in the first 20 mins....f'eck me.

[sivewright27] 24/6/2008 07:16

cant even buy 3000 shares

[sivewright27] 24/6/2008 07:16

cant even buy 3000 shares

[chesty1] 24/6/2008 07:15

10p+ today with ease by the looks of it....

[chesty1] 24/6/2008 07:14

Well done for holding border.....

News has to come out today after this action IMHO.

[andrbea] 24/6/2008 07:13

bid 7.25 offer 7

they are in a flux...

[bordersboy] 24/6/2008 07:13

chesty, no,ive just stuck to what i bought yesterday.

[chesty1] 24/6/2008 07:13

Now where's that leader board.

[chesty1] 24/6/2008 07:12

did you get anymore Border.

[bordersboy] 24/6/2008 07:11

im watching the live trades on ARA.GB its looking very good.

[andrbea] 24/6/2008 07:10

That post (scroll back a bit) about the fact that it had the liquidity to recover from 3p (intra-day) to close at 9p in 1 day is intriguing.

Any good news and it has the ability to fly at a rate of knots.


dyor nia

[bordersboy] 24/6/2008 07:10

this is not showing on LSE again so price not reflecting on LSE

[chesty1] 24/6/2008 07:07

Well its gone nicely blue.....

Something is up here & feel the leader board awaits this one again.

[monis] 24/6/2008 06:57

No RNS to say that they see no reason for the rise either, which suggests that this share has just dropped too low and yesterdays rise may just be the start of things in order to put some kind of realistic valuation on the company. imo dyor.

[cyberbub] 24/6/2008 06:42

No takeover RNS yet....

[chesty1] 24/6/2008 05:41

"Chesty, when did it last hit 3p? I can't see anywhere on the chart when it closed at 3p, unless it was one enormous intraday collapse and then recovery??"

Morning cyberbub....

You are right to feel a little skeptical about yesterdays rise. I have taken a dabble here.

Yes it did it opened at 3p & then recovered during the day and close blue at 9p back in March & could not believe my eyes. Nobody was able to get hold of many that day.

Be lucky to all & lets see what today holds.

[cyberbub] 23/6/2008 23:28

"CHESTY1 - 23 Jun'08 - 13:37 - 10 of 64

Last time it was at 3p it flew it all the way to 20p without blinking...Hoping for more of the same."

Chesty, when did it last hit 3p? I can't see anywhere on the chart when it closed at 3p, unless it was one enormous intraday collapse and then recovery??

I am probably sounding like a de-ramper, in fact I am not, I am not a holder or a shorter, was just interested after seeing the rise today, I might dip my toe in first thing in the morning but am rather wary of these collapsed penny stocks, even if they are in takeover talks...

[monis] 23/6/2008 23:20

Any company involved in a phase 3 drug should be worth more than this market cap imho.

[monis] 23/6/2008 23:13

cyberbub-Lloyds could just be a nominee holding (surely?), what significance does that have? Anyone can be desperate seller in this climate, means nothing.

You then say surely Lloyds would know? perhaps someone should be onto them if that's the case.

[cyberbub] 23/6/2008 22:46

MONIS, according to the RNSes, ARA had 4M in the bank at the end of March but was spending 13M per year, therefore say that the cash pile is now down to 2M (if they are lucky). Current share price of 6p x 65M shares in issue, gives a market cap of 4M. Therefore they are currently valued at twice their cash reserves. So either it is a short-term pump and dump, or else someone knows that the 'real assets' you refer to are about to be realised through a buyout... Personally I think that the big rise has happened too soon, the FSA will be watching and if they see the share price doubling a full day or two before a formal bid announcement, they will be onto them... also why would Lloyds reduce their holding just a few days ago, surely they would have known whether there was a bid on the cards?

All IMO, DYOR

[monis] 23/6/2008 21:46

I would think these are still priced under the cash value of the company. dyor.


The real assets, the phase 3 drugs plus the other compounds are worth a
multiple of the present market cap imho.

dyor.