Jade69: I do not know, what your average-in price is for African Petroleum on the Oslo Stock exchange - mine is above the 0.30 Krone mark, which seemed not so high not too long ago...
However, the share-price has shown quite some weakness due to (JIMHO):
a) the delay in announcing a deal
b) the fear of a reducing share-price due to the planned share-consolidation, which is on the agenda at the forthcoming AGM (to be held this month)
c) possibly also due to the resignation of this outstanding personality
Both b) and c) are somewhat/largely "irrational" - again JIMHO.
And a) will be sorted out in due course - logically only AFTER the AGM and after the share-consolidation exercise, I would assume.
As I perceive African Petroleum as being largely (extremely?) undervalued, I not only have a "buy" as my sentiment here at the bottom, but I also plan to act accordingly and double my shareholding in this stock soonest. Only time will tell if this is a smart move or stupid.
wasa
PS: Enjoy your weekend in Europa, Jade69
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
