AOE
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An observation regarding AOE price movements over the last...

  1. WhiteEle
    40 Posts.
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    26/05/10
    20:41
    Post #: 6739197
    An observation regarding AOE price movements over the last couple of months, below is a comparison of the All Ordinarys XAO and AOE:



    Looking at April and May, IMO the comparison indicates that the recent sell off is more related to global economic sentiment (European sovereign debt) rather than the prospects of AOE as a business, or specifically that the Shell offer may not move forward.

    Cheers
    H
    AOE Price at posting: $4.74 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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