Why has the price been driven down after today's announcement??? The extra production, with more being foreshadowed, coupled with excellent oil prices, should have been very positive for AOW. Has someone decided to offload a heap of stock at any price? And why would they do that when the outlook for the company is so good?
Today they opened at 3.4 cents, then dropped back to 2.3 cents, now recovering a bit to 2.6 cents about 12 noon. It would be crazy to sell at such low prices. Just be patient and the rewards will come. Or perhaps top up the holding at these bargain prices.
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- News: AOW American Patriot Oil & Gas Sees FY2019 Operating Revenue Of US$5 Mln At Current Oil Prices
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