The new announcement is probably the best oil presentation this year in the market. These -AOW guys are actually putting capital to work in a meaningful way.
If they close, and it's looking like they will since they have already filled the new board appointments and business development director, AOW will be the only oily with no debt, a paying production asset base and paying midstream pipeline on the ASX.
Because we can all choose a good pick in the oil sector, I figure this stock is expensive and in limited supply very shortly.
Thanks for the update boys! I'm clearing out of the dingos I've been holding in the oil sector and moving into growth.
Good luck to everyone who is going for the ride. Looking good -AOW.
AOW Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
