re: Ann: Change in substantial holding - J.P.... cheers pisces,
If you look at the chart, there are periods of consoldidation before the next step up for the stock. The worst thing you want is the stock getting ahead of its self. It has had a good run of late and probably needs to consolidate at these levels for a few weeks. Newry2 might want to comment.
The difference is, from the past, we used to chew our nails, break out in a cold sweat before every frac result. From a personal point of view, that is no lie. However, AUT is close to a Billion dollar company and as we've all read, the best preforming Co in 2010 and amasingly without revenue.
What we need is a good quarterly report saying revenue increased by 1000% which wouldn't be hard, and a great but realistic future revenue forecast. Then there is the TSX listing.
So from my point of view, I hope it flatlines for 10 days before getting ready to break $3 by a wealth of good news. Also a net BOE figure
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1 | 17500 | 0.810 |
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