digaditch you must be in the same boat as me! The good thing with it dropping down to below 10c as that it was very small volume (only on the announcement of the dusters was it relatively high). I picked up a very small amount of extra options during that period.
The options now only have a wee bit to go before they are in the money and nearly a year to do it! So they will probably all get converted giving AQO an injection of $11m into the jar!
I think there will be a takeover approach from the likes of SXY or even Santos very soon (no concrete news on this just guessing. The fact that they have 15-20TCF in the ground which can flow at conventional rates means that it's worth a Sh*t load of money.
Get 10TCF of the gas out of the ground and its worth:
Just say $2 per Thousand Cubic Feet for the gas =
$20,000,000,000 lol, lol, lol!
digaditch you must be in the same boat as me! The good thing...
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