RE:Australis Shares If your Australis account is showing average of $10 , that means you bought Australis shares on the first day when the large premium presented itself. If you were an Aurora shareholder on ( I believe August 24th 2018) You would receive 1 Australis share per 34 shares owned of Aurora. In the AUSA.WT account (warrant) you will see a price similar to AUSA . If you do have warrants exucutable at $0.25 and wish to exercise them into actual AUSA shares, you should call RBC regardless of a self directed or brokerage account . Tell them you wish to exercise the warrants at 25 cents , and they will activate them for you. ( I would sit on them for awhile , jmo) Unless you want to sell them in the AUSA.WT open market , you would list them in AUSA.WT at either market value , or a limit of your choice.
There is a term used here frequently, you will see it listed as the letters DD. When someone says do your DD , they are referring to due diligence. Research the prospectus , ( early on ideals at the startup) of even established companies, and look at where they are now. Are they measuring up to their initial claims?
Safer to buy companies on any of the large exchanges , TSX, NYSE , NASDAQ because the companies on there have a reputation that is accepted with stringent rules and SEC regulations , to protect investors. Like an insurance of sorts. The CSE and OTC can be considered as others have said, the wild west. They can also be considered having the potential to be a yet-to-be recognized global brand. The possibilities are endless , when you are current in their positions.
Many people here are very informed. To be well informed, you need to be a chart reader . Learn what the wicks on the candles mean. A lower high. A higher low. The triangle can be a continuation or a reversal pattern. More often it is a continuation pattern. A bull break. A morning doji star. An evening star candlestick. There is much to learn, moreso than your-buddy-told-you-that-you-could-be-a-millionaire... by throwing money at it.
Golden Rule: Never invest more than you can afford to lose.
Learning to invest is tough business. Utilizing knowledge to be successful is bliss.
Best to you.
And do your "DD". Long Aurora
Knight Out.