AQO 0.00% 27.5¢ ambassador oil and gas limited

possible reasons for falling sp, page-10

  1. 34,604 Posts.

    """"possible reasons for falling sp""""

    ummmmmm....

    what about NO drilling in the foreseeable future.????

    PEL570.. is not on the cards until next year.

    also..only 5 announcements, that's right only 5..that's a few nails in the uptrend coffin.

    people are bored to death. i don't blame people selling and looking for something more exciting.

    I know some don't want it "acquisition / farm-in", but with nothing happening share price will fall back.

    if they can find something worth while go for it.

    otherwise don't complain.

    i think you're still looking at ST Sell, based upon above & market conditions.

    i'll sit & wait, watching the M.A lines.

    6 month daily chart.


    ..
 
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