AQO 0.00% 27.5¢ ambassador oil and gas limited

week to watch!, page-17

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    That quarterly was both a message to Outback (hurry up) and to other interest parties (match the offer and we might consider it).

    A little frustrated by these sorts of situations where the bidder/farminee drags things out to reduce there own risk (i.e. waiting to see what the sector and nearby well do in the meantime). Similar thing happening to TSV/MKE. But the acres are still good, and the cash position very strong thanks to low cash burn. We can ride it out and wait for the right deal.
 
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