I'm also pleased to see a lot more attention payed to AQL
recently.With its only income producing asset basically sold off it's de-ja-vu
for a company with a "shell" history.One can only speculate(what we always
like to do!)what plans for the company are.Cashed up with nothing to do
can only tempt buyers onto its already "famous" share registry.Did you
know that Ray Thompson??,ex boss of SMR purchased not to long ago $1m worth
of stock at I think $0.15-16c.I have been in AQL for over 18mths now and
there has been one disapointment after another.Obviously I won't be selling
out now(last chance!!),but it will be very interesting to see what does
happen on 28 Feb.Any bet on flyingpig.co.nz having a more formal relationship
with AQL?or does Blue Star have the front running??My only concern is that
with the recent negativity surrounding e-stocks(perhaps premature judgements
ie Amazon.com(inability to make a profit))we could find ourselves with
shares in a company with no proven track record,buying companies which
are floaters/dreamers/non performing.Lets face it, e-commerce is still
unproven and until profits are "continual" there will always be negativity
in this already volitile sector.
I don't hope to seem naiveor arrogant,but in 10 years
time what will be still standing???
Good trading folks!!
PS Any reason for CGB to drop today??
See IRG research reports
