15 November 2007hey mate, Yes AUT has a bigger slice of the pie so to say but the discrepency in price is most likely due to AUT having a lot more shares on issue.
You also have to take into account the recent C raising that finished well under subscribed (85%) meaning that the underwriters (Bell Potter et al) had to take up a lot of script which no doubt will be sold into the next run.
“RIGHTS ISSUE – PLACEMENT OF SHORTFALL
Aurora Oil & Gas Limited (ASX:AUT, “Aurora”) advised on 6 November 2007 that the underwritten shortfall of 15.4 million shares under the Company’s 1 for 10 non-renounceable entitlement issue (“Rights Issue”) was being placed by the underwriters of the Rights Issue.
Aurora advises that this placement (“Placement”) has now been completed and that 15,426,633 new fully paid ordinary shares have been allotted and issued to professional and sophisticated investor clients of the Rights Issue underwriters. “
http://www.auroraoag.com.au/docs/2007/AUT20071115.pdf