AQO 0.00% 27.5¢ ambassador oil and gas limited

""SandyThe idea is for a takeover of the company. No money spent...

  1. 34,604 Posts.


    ""Sandy

    The idea is for a takeover of the company. No money spent drilling""

    That's an interesting thought, why would they go through the process of listing a company on the ASX..

    I think it's still at an early stage for takeover offers.

    Unless someone put up a serious amount of money, the directors would vote against any sort of takeover.

    Should the ducks line up over the next few years, shareholders will make a fortune..also think about a dividend down the track..

    I think we need a big success story for our Energy Sector, instead of seeing a company taken out before we get started..

    I'd rather have a million or so, fingers crossed for big success, plenty of cash flow and a nice dividend paid twice a year.

    It's been awhile since our last "KAR"...

    ..

    ..
 
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Currently unlisted public company.

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