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AMBASSADOR OIL AND GAS LIMITED (ASX:AQO) - can aqo break 18c? chartist help, 10956647, page-5 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
AQO
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0.00% 27.5¢ ambassador oil and gas limited

invertedva don't worry I've been doing a fair bit of reading...

  1. sandstone
    617 Posts.
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    05/11/12
    09:16
    Post #: 10956647
    invertedva don't worry I've been doing a fair bit of reading recently (wanted to know what all the excitement was about).

    I bought in for the conventional wells but if we can get flow rates of that nature from the PEL:570 permit similar to the neighbouring permits then the sky really is the limit.

    With only +/- 140m shares on issue and another +/-47m options which are both tightly held then it go very quickly. I noticed that the sell side has thinned out again this morning which is a good sign.

    Obviously I would love to sell in the 30-40c price range as it will convert all my options for free, but that seems a long way off, but there is still 1year to go before I have to pay for them. So here's hoping (fingers crossed).
    AQO Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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