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AMBASSADOR OIL AND GAS LIMITED (ASX:AQO) - some action taking place on price, page-3 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
AQO
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0.00% 27.5¢ ambassador oil and gas limited

some action taking place on price, page-3

  1. Serendipity
    1,197 Posts.
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    13/12/12
    22:21
    Post #: 11186892
    AQO has been in negotiations re farm in, but coy farming in could instead prefer to steal the whole coy through a takeover.

    During commercial in confidence negotiations, proposals of interested coys can throw up new opportunities that then need to be explored/completed.

    Timing is the question for any party interested in takeover. Wait for SXY drilling to further confirm what is largely known about geology and yield in PEL570 and pay more for coy, or buy it now for less.

    Thought about trading out of some stock last time the price hit 20cents, but decided against it because I want to be there when a deal (takeover or farm in) is done.

    AQO is an important piece of the Cooper jigsaw
    AQO Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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