OTCPK:AUSTF - Post by User
Comment by
shambanoon Feb 13, 2006 8:49am
236 Views
Post# 10357111
RE: question why has this stock traded
RE: question why has this stock traded
Good question, call Don and ask him.
My guess is that it that ANG is not well known and it has taken time for ANG to get to this point, 2 years and climbing and most investors got tired of waiting around.
Another 15 wells in q1-06 and who knows after that if results are good.
15 per quarter and ANG will grow rather quickly in 2006.
Q4 and reserve report will help and if all else fails and the market still doesn't recognize the value with ANG's assets, another company will.
Do your DD, but ANG is just getting started. Last week many O&G stocks fell but ANG have a high weekly volume with lots of support at 0.82.
I personally didn’t buy any shares, I thought we were heading back to the 0.70's and I was waiting of more bargains but it did not happen and that is a very good sing for me.
I'm long until I see big growth in our share price or until Don decides to sell.
Cheers and good luck all