My thoughts My thoughts are that if the gentleman TS who penned the minority shareholders letter to management earlier this year was the big seller of 8 million plus shares last week then I have to ask why? Perhaps he saw dead money and for whatever reason had to liquidate his holdings. I have also noticed that using the level II info at the top of this page Jp Morgan 222 has been a huge buyer for months now. Whoever they represent has been really accumalating shares in Aura for some time now. Again I have to ask WHY?. Even at 8 cents a share someone is still spending hundreds of thousands if not millions $$$ to buy whatever shares they can at the lowest price possible. I have a question for those with more knowledge.
Lets say I own 8 million shares could I be approached by a buyer/ brokerage house who pays me a hefty fee on the side to sell them my shares on the open market at the low market price.? That way the sale of my shares really does not influence the share price. Can the above scenario happen and is it legal?
It just does not make sense that with all this dead money sitting in Aura there is a buyer just waiting everyone out controlling the price, unless this company has potential value and is being manipulated by a bargain hunter.