I dont think SXY has too much to do with the 5% gain so far.
I think AQO is making up some lost ground since the delay in the drilling of PEL 516 Mudlalle block by SXY.
AQO was well into the 20's until this delay was announced. We are now getting closer to the spudding day and Tino has been burning the midnight oil with roadshows throughout the country.
IMO AQO is a great story with limited downside and enormous upside. Tino has compiled a great set of assets that could transform this company into a quick money making train that will only get bigger and more profitable as the assets are drilled.
We have a very smart operator pulling the strings here guys. Time will tell.
GL to all.
AQO Price at posting:
21.0¢ Sentiment: ST Buy Disclosure: Held