AUT - Aurora Oil and Gas

donteatme said:

http://au.stoxline.com/q_au.php?symbol=aut&c=ax&Analysis=Analysis

Strong sell recommended by Stoxline.

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Price and moving averages

Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

Bollinger Bands

AUT.AX has closed below upper band by 28.9%. Bollinger Bands are 102.5% wider than normal. The large width of the bands suggest high volatility as compared to AUT.AX's normal range. The bands have been in this wide range for 5 bars. This is a sign that the current trend might continue.

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Still got bullish indicators and fantastic fundamentals. Clearly the expectations about a post Tranch2 issue are weighing things down a little. Time will tell though as most long term holders are locked in from CGT. So the sell off may be lighter and faster then expected.

Those update flows this morning are excellent with very very small declines. Good news for all.

May #1H 745
Luna #1H 866

Increase today. I've come this far, and will hold out buying until next week.

”ž..a real good friend of mine is about to get a well on his ranch, its very close to the kowalik wells and turnbulls, which are in karnes county.. but the type of well he will get will be totally revolutionary, the operator (a different one to the kowalik operator) is looking at a totally new well design to anything i have seen and heard anywhere in the efs. i am really curious myself how his well will go, he also tells me as landowner, that he has no choice on what type of well they put in, but as its experimental, like most of the wells the operator has in place, he feels apprehensive in case it turns out a complete disaster like kowalik 1 and 2. his neighbours are obviously bitterly disappointed with K1 and K2.. but looking at it from the operators side, they foot the bill for disasters, and he doesnt.. its just he cant buy the same luxury car as some others can in the county.”

Very strange statement from agentm on the TXN thread on HC that Kowalik 2 is regarded as a complete disaster. I doubt if Hilcorp & AUT share that sentment in the slightest.
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fflintoff said:

„..
Very strange statement from agentm on the TXN thread on HC that Kowalik 2 is regarded as a complete disaster. I doubt if Hilcorp & AUT share that sentment in the slightest.
:

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yes very very strange given when one looks at in in context Kowalick wasnt able to be fully fracced, yet it's 30 day production from half a well is 710 boe/d (with lower decline also) more than txn total well of 655 boe/d which he is promoting a lot, I dont understand how that can possibly be regarded as a complete disaster?

Its days like this when I see so much red in my watchlist but green with AUT that I remind myself why I don't trade this stock! https://www.aussiestockforums.com/forums/images/smilies/smile.gif

There is some heavy numbers selling at the $2.75 level so hopefully we can eat into these guys before the 25th comes around.... not long to go now.. who has some cash ready for the top up?

BrightGreenGlow said:

There is some heavy numbers selling at the $2.75 level so hopefully we can eat into these guys before the 25th comes around.... not long to go now.. who has some cash ready for the top up?

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John if you dont mind me asking, where do you get the BUY/SELL info during the day?

Im with eTrade, is it feature the broker has, or a different program all together?

Thanks.
Matt

easylikesunday said:

John if you dont mind me asking, where do you get the BUY/SELL info during the day?

Im with eTrade, is it feature the broker has, or a different program all together?

Thanks.
Matt

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This is a broker feature. ETrade lets you do this too ->after selecting a stock click on 'market depth' and that will show you the top ten bids and offers together with corresponding volume.

That's right. AUT was once again #1 performer in the ASX200 and hit another 52week high. On the back of no news and a down oil price. Good news coming into Monday's meeting.

BrightGreenGlow said:

That's right. AUT was once again #1 performer in the ASX200 and hit another 52week high. On the back of no news and a down oil price. Good news coming into Monday's meeting.

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Sorry to correct you John but I think yesterdays announcements was hardly rated as no news.
Fantastic oil flow updates.
Enjoy your posts.
Cheers.

Assasin said:

Sorry to correct you John but I think yesterdays announcements was hardly rated as no news.
Fantastic oil flow updates.
Enjoy your posts.
Cheers.

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That was yesterday's news and it showed continued flows but I meant today, not normally do you see AUT fly high on no announcements today and oil looking down.

yes some nice action today. Huge volume and basically huge acqusition most the day.

Very good leading into Tranche 2 release and nice to see given the relative weakness at other times during the week.

Im sure we will see some extra selling late next week, but if they are smart enough to be classified as intsitutional investors, then im sure they wont be throwing these highly saught after shares away lightly. They must by now know the pattern of tightening supply following CR's on this stock and with no MFund reporting dates around their necks they can afford to hold for a bit before they begin selling.

Interseting 3 weeks ahead.

My bet is by end of Feb we will be $3+, dont make decisions on it, but feel free to call me a fool if we arent.

What's with the "Pre-Open" at 10:46? Is there an announcement pending? I guess I'll have to wait to find out.

24th January 2011
Company Announcements Platform
Australian Securities Exchange
Level 4
20 Bridge Street
SYDNEY NSW 2000
By e-Lodgement
AURORA FILES PRELIMINARY PROSPECTUS IN CANADA
Aurora Oil and Gas Limited (ASX: AUT) (the “Company” or “Aurora”) is pleased to announce that a
preliminary long-form prospectus to qualify the distribution of up to 6,178,000 ordinary shares
issuable for no additional consideration upon the automatic conversion of 6,178,000 special
warrants (the “Special Warrants”) pursuant to the underwritten private placement (the “Offering”)
announced on 15 December 2010 has been filed in certain provinces of Canada. The preliminary
prospectus is available on SEDAR at www.sedar.com.
As previously announced 3,417,480 Special Warrants were issued on 21 December 2010
(Canadian EST) at an issue price of C$1.60 per warrant to raise gross proceeds of C$5,467,968. It
is anticipated that up to a further 2,760,520 Special Warrants will be issued at C$1.60 on 24
January 2011 (Canadian EST), subject to the approval of Shareholders at a General Meeting, to
raise additional gross proceeds of C$4,416,832.
The Offering was led by TD Securities Inc. and GMP Securities L.P (as Co-Lead Underwriters)
together with FirstEnergy Capital Corp.
The preliminary long-form prospectus relating to the Offering has been filed with securities
commissions or similar authorities in Ontario, Alberta, British Columbia and Nova Scotia. The
preliminary prospectus is subject to completion or amendment. There will not be any qualification of
the underlying shares of the Special Warrants until a receipt for the final prospectus has been
issued.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the
United States nor shall there be any sale of the securities in any jurisdiction in which such an offer, solicitation
or sale would be unlawful. The securities offered have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the Securities Act), or any state securities laws and may not be
offered or sold in the United States or to U.S. persons (as defined in Regulation S under The Securities Act
except in compliance with the registration requirements or an applicable exemption from the registration
requirements of The Securities Act and applicable state securities laws.
Yours faithfully
AURORA OIL & GAS LIMITED
Jon Stewart
Executive Chairman

I personlly hate dual listings, but i will concede in this case it should add impetous to the current sp.

Cant wait to see what the post Tranche 2 brings, its looking good and im expecting a shirter and shallower sell off then in days gone by.

Cant really see the point of this one, the shareprice is going along pretty well, if they wanted more money, I'm sure they'd have plenty of takers in Oz for $1.60.
It's only going to increase admin costs for the listing and in subsequent years.

In a previous email from John replying to some of my questions he replied


The TSX does not allow candidates for listing to promote their intentions.


Then in reference to a similar question

You may have noticed however, that three leading Canadian brokerage firms were named in our latest release.


Clear as mud it seems, but yes id put money on a TSX listing in coming months, not that i have any clue how long these things take to transpire.

condog said:

In a previous email from John replying to some of my questions he replied


The TSX does not allow candidates for listing to promote their intentions.


Then in reference to a similar question

You may have noticed however, that three leading Canadian brokerage firms were named in our latest release.


Clear as mud it seems, but yes id put money on a TSX listing in coming months, not that i have any clue how long these things take to transpire.

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Hey Condog,
its a slow day at work lol
FYI there are 4 steps involved in getting an international public company dually listed on the TMX
Step 1 - Set-up Advisory Meeting
Step 2 - Submit TSX or TSXV Listing Documents
Step 3 - Receive Conditional Approval
Step 4 - Listing and Trading Commences

No mention of how long the process takes. It is mainly filing forms but could probably take several months.
Source: www.tmx.com

Cheers phily

Ive since found out they expect it to be operating by end of feb.

Im guessing we will get more detail in the 31st jan quarterly update.

Ive certainly emailed John saying i think its all about as clear as mud and needs explaining.

So lets wait for quarterly and see what it says.