AQO 0.00% 27.5¢ ambassador oil and gas limited

Despite what might appear to be slow movement and little...

  1. 1,197 Posts.
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    Despite what might appear to be slow movement and little attention, the latter is not the case. Hard to guess/decipher the basis of rapid moves in bids and offerings which occur at times during the day. Is it a seller trying to keep the market up while offloading a line of stock? This is not my preferred theory based on my observation.

    My preferred theory is that a party is touching up the price to keep it moving up and another party doing the opposite. Why? Vested interests of the stock vendor and takeover organisation as they jockey/negotiate a deal. The launch-pad price is pivotal in such negotiations. So both parties try to influence it.


    As for being nervous. No way, look at SXY. We (AQO) have the icing on the cake in terms of the geological profile SXY is creating value for through its exploration.

    Could be completely wrong. Just sharing a theory.
 
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