I am thinking of putting some money into AYO but am curious as to reasons for current share price weakness.
Today there are only 6 buyers as against 65 sellers for the fpo's and 5/25 for the options. The fpo's are down 5% for the day. Yet looking at the fundamentals and the number of shares on issue AYO should be going gangbusters. Perhaps the uncertainty in the ME is a factor and maybe the drop in oil prices in the last day or two. But money should be pouring into AYO coffers. Has anyone got any answers? JBC
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