Replies to post #45459 on Aurora Acquisition Corp (AURC)

[bullbusch]

That's a very interesting point: it revolves for me around the word 'delay' in the last PR.

"Mr. Dovgan and Mr. Sokolov have agreed to extend the delay until May 11, 2007 at 18:00 hours."

The word 'delay' implies that its a done deal. There is simply a delay until it is signed/announced.

Since the buyer agreed to raise the price to $0.55, I wonder if the buyer negotiated the signing date to be as late as May 11, so that the buyer could continue to spread FUD, keep the price down, buy shares from the float, and cover shorted shares at lower cost, in order to effectively reduce the cost difference to the buyer of the two buyout offers (basically the increase in purchase price between $0.38/share and $0.55/share).