I am intrigued why AWE's share price is copping a hammering and not doing exactly the opposite.
I understand this company is more gas than oil and I wonder if the market is ignorant of this fact. The shareprice came down to these levels during the oil price crash because the company was previously and oil explorer/producer. However, this has now changed and the demand for gas in Australia is high ...... hence the SP should be heading upwards ... not down.
AWE Price at posting:
46.8¢ Sentiment: Hold Disclosure: Held