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