AQO
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0.00% 27.5¢ ambassador oil and gas limited

I don't think its a speeding ticket dhinh.I think having a top 3...

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  1. invertedva
    3,719 Posts.
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    27/11/13
    09:21
    Post #: 12623621
    I don't think its a speeding ticket dhinh.

    I think having a top 3 shareholder sell out may have forced their hand:
    - either because they are suspicious about a hostile takeover.
    - a (future) farminee or insider is acquiring stock cheaply prior to publication of major deal, raising potential accusation of insider trading down the track.

    Having a major shareholder sell out (@ 22.5 cents) after a brief run up will spook any CEO. Calling a halt is the prudent thing to do.
    AQO Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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