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19/06/09
12:47
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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
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