Replies to post #41445 on Aurora Acquisition Corp (AURC)

[an old investor]

The price doesn't matter....look what happened when they announced .38....the price started crashing. Everyone here should know by now that a stock is only worth what someone is willing to pay for....that is the sole determinant. So here we have supposedly a legit offer of .38 which means that the price should be approaching that figure. Instead, the actual price is running away from that figure....which means the market does not believe it one bit.

By all rights management has the responsibility to see that their stock approaches fair value....in this case .38, since someone is willing to pay that for it after doing far more DD than anyone here ever could. Yet, not one word from them to say yes, that is what we are worth, or no, we are worth more and this is how we are going to get the PPS up there.

I am sure that the next PR will merely say "we do not believe that this buyout price would be in the best interests of our shareholders, so we have rejected the bid." At that time they have an obligation to shareholders to inform them of what they believe is fair value, and how they intend to get the share price to reflect it.