Guys, how does dually-listed companies work in regards to SP affecting the other?
Are new shares issued for the new listing?
Surely open markets would track the company at roughly the same value?
Sorry if this is a really n00b question but this is in relation to AUT and any info would be great and I'm sure others would appreciate an answer from the experienced guys here.
Thanks in advance.
Guys, as I understand it from the financials, all AUT does is loose money. What is the theory behind the buying, given that the share price has rocketed nontheless?
Yo to the max, fundamentally AUT has some of the best acerage in the eagle ford shale in America, it's just starting to ramp up production as previously there was no cashflow in the company, this is changing rapidly as each well is drilled. If you only invest on past cashflow/profits, you'll never understand the growth stocks, and should stick to the "blue chips".
I used to hold but the implied growth was a bit much, probably lots of upside left in it but I won't be one taking the risks on.
I think that you will find most of the risk has been taken out, and now their is very little risk. AUT is turning into a bluechip, if it is'nt already one (its in the ASX 200)
Only risks i can see are - PIGS, OIL falling which is highly unlikely, American econemy (which is related to the price of OIL) , Enviromental.
Most of those risks their will effect every single stock.
All IMO, DYOR
Just read this, from Carey Smith from Alto Capital regarding share recomendations on The Bull. I wonder if Mr Smith ever had AUT as a buy?
SELL RECOMMENDATIONS
Aurora Oil & Gas (AUT)
The US oil and gas shale sector has proved to be a company maker for AUT. The share price has skyrocketed in the past 18 months as market capitalisation approaches $1.3 billion. Today’s share price implies that ongoing development of its oil and gas fields will progress perfectly – that is there’s no unforeseen issues. For this reason, we suggest investors take profits.
Shes obviously not the sharpest tool in the shed then.
Is their numbers that she has supporting these comments?? That comment is so vauge and not really worth acknowledging IMO if that is all she can come up with.
Ive done the numbers, as well as many people here and we can all see this is only going one way. Providing the econemy can stay as it is, if it faulters then where all doomed.
Just sounds like an un-subatansiated down ramp by a punter lol
All IMO DYOR
Ok no worries lol, Does it matter
If he has a SELL recommendation on it now for those reasons its not that unreasonable it would be very dependent on what price he had this AUT & LYC as a BUY .. ??
If he has a SELL recommendation on it now for those reasons its not that unreasonable it would be very dependent on what price he had this AUT & LYC as a BUY .. ??
Im not saying its a buy or sell .. I am asking what price he had it as a Buy if he now has it as a sell ???????
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?