Earlier, I thought DLS needs to add 2 cents more to complete the T/O. As I hold AQO shares I was counting on that. But now that Magnum Hunter shares have fallen by more than 10%, I doubt that there will be many who would be accepting Magnum's takeover offer. And with the upcoming qtrly results and reserves update due soon from Drillsearch, the downtrend will reverse and AQO acceptances will hit 90 % in no time.
AQO Price at posting:
32.5¢ Sentiment: None Disclosure: Held
DLS Price at posting:
$1.47 Sentiment: Buy Disclosure: Held