Auto - yep, we follow and trade a similar bunch of stocks.
I have been a long term follower of ROC back in the days of John Doran, never missed an AGM and was swept away with the passion that he had for the company including the Angola campaign which I thought would be like shooting fish in a barrel. I was badly burnt by the BMG downgrade and decided that the quality of the successive CEOs and technical team was not up to much.
HZN too is an old favourite - well-managed with excellent assets. The number of issued shares now puts me off.
Speaking of CUE, I was the dummy who was lucky enough to buy a million at 10c on last couple of days of FY, then stacked them on the sell side at 10.5 hoping to scare a few people into selling me more. The rest is history (and you probably bought them) !
One of my major pre-requisites is a small number of issued shares and TAP is outstanding in this regard. It is also very well managed by Troy who has made no mistakes thus far IMO. I also trust that he will not disappoint holders when he does sell the gas leases. I still believe that they could be a takeover target and if I was Apache and was interested in the gas leases then a takeover could well be the cheapest way of achieving this.
Btw - congrats on calling BCC correctly !
Good luck and let us all know when you buy back those TAP shares - I might return the favour and sell you some .......... at about $1 !!!!
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