hits 1.20c

Briefly touches $1.20 this morning, falling back now and a few sellers building around the $1.20 mark.

The interest of AGL and Santos in QGC was always going to have a positive impact on AOE.

Some interesting overseas expansion plans announced recently by AOE as well.

Not that we would want a takeover of AOE just yet, still a fair bit of value to be realised.

Now if only the old saying 'a rising tide lifts all boats' would strictly apply here then I'd be doing well on that other coal seam gas company PES. Alas it remains unloved.