Australian (ASX) Stock Market Forum

AUT - Aurora Oil and Gas

Joined
31 March 2014
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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:confused:
 
Joined
31 March 2014
Posts
59
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36
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!!
 
Joined
27 June 2010
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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.
 
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