AQA aquila resources limited

52 weeks 17.9 to 1.9 how come?

  1. 2,649 Posts.
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    Low $1.90 - high $17.90 is a big spread for only 12 months.

    Good product demand, production going on, revenue flowing, monster iron ore project shaping up, etc.

    Would anyone care to provide a potted history, or a bit of commentary of the AQA story over the year this SP spread occurred with reason why they bought or equally didn't buy, perhaps recently?

    The current quarterly was sufficent for me to make a small investment, but for more history, especially this last 12 months I'd like to reduce the time spent rooting around through old posts and articles and previous quarterlies, annuals, opinions etc., etc.

    First quick look, seems the highs were inflated with general market frenzy, take-over speculation and that there would be major cash expected from selling coal assets to help fund the iron ore project?

    The lows were crash and credit-freeze effect and decision not to sell the other assets slowing the progress to iron ore production?

    If someone responds, thanks in advance.


 
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