AQO
There is going to be more activity in the gas/oil sector in Australia. Last week, Drillsearch lopped a friendly bid for AQO. Of course, the share price went up. This morning, another company is interested in AQO, so the price had another lift.
It always takes a takeover for people to realize how cheap Australia is going for!
Merger and acquisition activity has been predicted to increase in Australia; it is not economical to have a small company, especially those with no cash but good tenement. Presumably AQO is one...
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