AQO NSE

I was looking at this last week as i am also in BRU.I think the...

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  1. cujo
    11,382 Posts.
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    10/12/13
    13:33
    Post #: 12681060
    I was looking at this last week as i am also in BRU.

    I think the problem here is the focus has shifted from possible big returns ie canning, to small production wells and new high cost drills.

    Also it was fully funded for its WA assets.

    These are now in the too hard basket and have chosen a minimal cash flow reward as a substitute.

    Also possible debt finance.

    Whats riskier you reckon?
    NSE Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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