Urgent, please follow this link:
http://www.energyandcapital.com/articles/weekend-no-relief-yet-for-bp/1219
Look closely at image showing 6 coy's share price since incident of April the 20th 2010. Some have fallen 50% just like AWE.
It was about this date that AWE share price started its descent. I think the plug and abandon of HOKI well was a coincidence but Mr Market punished AWE for being in the wrong place at wrong time.
The above article is predicting a recovery for off-shore drillers. I hope & pray AWE is swept up a bit in this recovery. Back up over $1.80 so it is out of downtrend. Then to well above $2.00 and above to closer to fair value.
All very quickly. Remember a V recovery rather than a big base is possible if all weak holders are shaken out during steep descent. And this descent for this share has been breathtaking.
wbddrss
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