AQO
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0.00% 27.5¢ ambassador oil and gas limited

who is going to crack and sell some

  1. Serendipity
    1,197 Posts.
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    18/12/12
    17:46
    Post #: 11203248
    Instaed of holding on for a deal to be completed?

    The steady rise is reassuring.

    AQO has a fully diluted market cap of $36m @ $0.19 (Including options), and when you back out the cash of $9.5m, they have an Enterprise Value (EV) of $26.4m

    The ground is definitely worth a lot more than that. Especially on the back of the Acer Energy takeover valuation.
    AQO Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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