I have had these shares since 2002. I have seen them start at 3 dollars and go right up to $16. Then after the GFC back down to $2 then back up to $10 then now back to under $5. Tony Poli is a good operator and tough negotiator which has been good in most respects for shareholders overall.
Hopefully there will be some deal on sale on Washpool soon and the W.A. government will realise that Anketell Port can go ahead with or without FMG on board at this stage.
In this type of market uncertainty gives people a reason to sell which is pretty obvious from the last 6 months. My experience this stock is pretty volatile and when things turn it happens pretty quickly. I think it will be good in the end and Im hanging in their even though it has given me a few grey hairs in doing so.
AQA Price at posting:
$4.92 Sentiment: Buy Disclosure: Held