Have to say I'm very surprised there hasn't been more interest this morning. For a co with an 8mil cap and 40% WI in this well I thought we'd see more action given today's oil discovery news. To me it de-risks the well significantly knowing the presence of O&G and the successful drilling of the well.
Given the performance of GGP this morning, what are investors waiting for? This is a similar situation to GGP/VIL earlier this year where GGP had the larger cap and VIL had the smaller cap so there was more interest in VIL for trading/higher gains/etc... but as yet we aren't seeing the movement for AUJ. Suffice to say I'm confused.
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