short term trading week starting 8th july, page-79

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    Entry for STT list
    AQO -FA
    AQO has an excellent ground position in the liquid rich Patchawarra Trough in the Cooper Basin. It's currently in discussions with a number of companies with a possibility of a farm out of some of their ground to a much bigger player.It has to be one of the few remaining juniors yet with ground still available to deal.Nicely cashed up as well. In the collage below AQO's ground is marked as a solid blue block and I have framed in black the ground recently acquired by Senex from Planet Gas.I've traded it previously from 10c to 20c but missed out on the highside ride to 27c.I think it has found a good base recently and it is the right sector and right location to give some good returns over coming weeks.I am working on a map of the region but it is a bit difficult because of the number of interlocking holdings and JV's between players in the area
 
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