AOE 0.00% $4.68 arrow energy limited

Guys,I would consider a possible alternative motive for the...

  1. 4,234 Posts.
    Guys,

    I would consider a possible alternative motive for the current selling.

    AOE is propped up in the market by the key $4.70 level and in the near term, this will generate you a 'definite' return whilst it sits below that point.

    However, the wider market has dropped considerably and you only only have to look at the recent price swing in the market where Arrows short term value has been clipped while others have risen and fallen around it (on the 1 and 2 month charts). People are probably now taking advantage of other better priced investments as they have underswung Arrow and represent a better short term value than $4.70-sp+Dart.

    Photobucket

    Cheers,

    SF
 
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