AQD 0.00% 1.1¢ ausquest limited

news soon, page-10

  1. 5,173 Posts.
    lightbulb Created with Sketch. 910
    1 mill hey, that's a lot.

    Hey I wonder whats going to happen now?

    DOW has rallied, does this mean were going to see a new high with the all All Ords? or are the rats going to leave and invest elsewhere.

    What about AQD and what effect is this all having on it?

    Obviously not good, look at the price. But is AQD priced fairly considering that it hasn't really been able to substantiate its resources?

    I suppose we could say that AQD is worth about 6C book value based on cash in hand. Maybe another 10c due there current exploration attempts and work so far and assests on hand?
    That's probably debatable though.

    So if the next annoucement is a goer (e.g they actually find something worth mining), then we'd assume that it would have to goto more than double its book value, at least.

    What if the DOW falls monday again and confidence is shattered in the All Ords, this would have to be looked at as a disaster for AQD shareholders, especially if the news is good, who cares take your money and run they will say.

    On the other side of the coin, if confidence is back, the DOW has hit a low trend line and starts climbing back, then lets hope that AQD don't release any annoucements for at least a week or two.

    Kind of really re-inforces that old saying "he who dares, wins, hey?"

    If I had Rebels mill, I think I'd turn the computer off for six months and come back then.

    Maybe OXR do know something about the area/s that AQD are mining?
 
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