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  1. #1
    Member
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    May 2015
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    192

    Default AOR - Aorere Resources Limited (Aorere)

    Hahahahahahaha.. After little to no turnover and no clear direction, they now want more funds.

    https://www.nzx.com/announcements/334533

    What a Joke..

  2. #2
    Guru
    Join Date
    Jul 2002
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    New Zealand.
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    Possible back door listing, money to survive for now !!

  3. #3
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,742

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    Dont be so hard on chris, how else could he maintain the exclusive private golf course(invitation only) in golden bay and the daily/ weekly flights back and forth from wellington?. And he's been an expert in talking new investors into his projects, an expert at finding fresh meat!

    And what an incredible bargain .TWO MILLION SHARES for just $1600 WOW just wow,just wow....

  4. #4
    Banned
    Join Date
    Nov 2016
    Posts
    173

    Default

    Isn't his partner a Director as well?

  5. #5
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,742

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    Yeah of course, secretary i think, double the above

  6. #6
    I like peanuts... youngatheart's Avatar
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    Jan 2011
    Location
    Oh, everywhere
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    418

    Default

    The 'business' of this company seems only to pay the salaries of a couple of people that work in it.
    Also I fall to see how you can have a share at 0.0008 when the lowest listing price is 0.001...

  7. #7
    Guru
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    Jul 2002
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    New Zealand.
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    Default

    Quote Originally Posted by youngatheart View Post
    The 'business' of this company seems only to pay the salaries of a couple of people that work in it.
    Also I fall to see how you can have a share at 0.0008 when the lowest listing price is 0.001...
    Is this the same man that is involves in CRP and draws a $700 k salary for what ?

  8. #8
    Senior Member
    Join Date
    Aug 2017
    Posts
    620

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    [QUOTE=youngatheart;759170]The 'business' of this company seems only to pay the salaries of a couple of people that work in it.
    Also I fall to see how you can have a share at 0.0008 when the lowest listing price is 0.001...[/QUOTE

    I guess the company can try and sell what they like at whatever price they can get.It's just you won't be able to sell them on market for less than .001.But there are no buyers at all at the mo,so best of luck with selling your .0008c shares for a profit

  9. #9
    Guru
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    Jul 2002
    Location
    New Zealand.
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    Default

    [QUOTE=steveb;759195]
    Quote Originally Posted by youngatheart View Post
    The 'business' of this company seems only to pay the salaries of a couple of people that work in it.
    Also I fall to see how you can have a share at 0.0008 when the lowest listing price is 0.001...[/QUOTE

    I guess the company can try and sell what they like at whatever price they can get.It's just you won't be able to sell them on market for less than .001.But there are no buyers at all at the mo,so best of luck with selling your .0008c shares for a profit

    I would hope under the circumstances that they would have a EGM before the SPP is launched to explain what the money is really to be used for apart from paying the fish heads !
    Last edited by whatsup; 15-05-2019 at 07:59 PM. Reason: spelling

  10. #10
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
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    6,437

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    Gaynor does a lot of analysis of dubious investments and really highlights how unsuccessful the people conducting these have been

    Castle is a stubborn and persistent individual, who has had little success on the NZX.
    Nevertheless, he keeps coming back with complicated transactions that are unlikely to be better than his previous ventures.



    I often wonder why he does it because the in depth nature is usually not required to get to a point of dismissing any possibility of making an investment. Of course he gets paid for his writing I guess but still...
    For clarity, nothing I say is advice....

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