I will buy as many AWE shares as you can sell me at $1.50 so that you can make a tidy profit as $1.30 approaches. How about backing these ridiculous comments up with some facts apart from "candles", "triangles", "squares" etc.
-$250m pa in operating cash flow, -no debt, -recently added 10m boe through increased stake in Bass Gass, -ADI acquisition almost at the 90% take-out level (consensus is that it was great value for money), - great prospects, - increasing diversification of project portfolio. - projects are largely developed and cash generating.
But I am sorry, the candle says $1.30! Let's reconvene in 3 months.
AWE Price at posting:
$1.74 Sentiment: Buy Disclosure: Held