AUT - Aurora Oil and Gas

[cmxd]

anyone still holding?

sold some for $4.12 yesterday, still hold big amount. not sure why some people would like to pay higher than $4.10 to get it. there might be penitential bidders.

 

[raimop]

Can anyone please explain to me why fund managers are buying large volumes at around $4.10? Do they think there is going to be another bidder albeit the current bid was made on 7/2/14 and in 7 weeks there have been no further bids

 

[raimop]

Another condition precedent satisfied today and still no further bidders.
Doesn't look like there will be a bidding war for this one
May be time to sell and re-invest
Any other views out there???

I hold for now!!

 

[System]

On June 12th, 2014, Aurora Oil and Gas Limited (AUT) was removed from the ASX's official list following the implementation of a scheme of arrangement whereby Baytex Energy Australia Pty Ltd acquired all of the shares in the company.