Spot on chris.
I think management are pretty gutless to be honest.
They've had $300m in the kitty for months on end now, and are too scared to go out and make a bold acquisition.
Oil has gone from US$30 to US$70, and they have failed to capitalise on this opportunity.
It's basically a defensive oil stock, if you know what I mean.
Having said that, I may look to add some AWE to my portfolio, when I'm working out what to do with all my NXS money in a couple months time...
Cheers
- Forums
- ASX - By Stock
- AWE
- where's the bottom!?
where's the bottom!?, page-3
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter