AQO 0.00% 27.5¢ ambassador oil and gas limited

Hi n5435137,Its hard to say with the company being so young in...

  1. 3,752 Posts.
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    Hi n5435137,

    Its hard to say with the company being so young in its ASX life.

    I have done some homework and only 500,000 of the 10c seed is able to be sold straight off the bat. So we may have already seen these dumped.(Which will help with a little xmas shopping for some)

    Its also a very quite time during Xmas and New Year so current and potential investors will be on holidays thus the trading over the days to come will be very quite I feel.

    Im sure things will crank up a little mid Jan once everyone is back to work. Also Ambassador due to start its first drill around this time.

    I'm in now and will reassess my investment in June.

    IMO I will probably go long term and try to get the 5-10X return on a takeover in 18-24months

    Cheers.
 
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