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AMBASSADOR OIL AND GAS LIMITED (ASX:AQO) - possible reasons for falling sp, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
AQO
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0.00% 27.5¢ ambassador oil and gas limited

possible reasons for falling sp

  1. sandstone
    617 Posts.
    lightbulb Created with Sketch. 7
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    30/05/13
    12:50
    Post #: 11827935
    A lot of talk in the industry is of the US.

    They have so much Oil & Gas in shale and coal and are exporting to the far east at much cheaper rates than we could ever hope to do. The US has a huge pipeline infrastructure a domestic market and now an international market. They are exporting for the first time in years.

    All this is making investors in unconventional plays in Australia very nervous indeed.

    On the flip side the gas is still there and will be there until we take it out.

    I'm back in the market for AQO & AQOO (sold out a while ago at 21-22c and 4.5c). The charts showed a double top...and a good retrace.

    Thoughts please,
    Sandy
    AQO Price at posting: 15.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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