AWE - AWE Limited

[Afterglow]

There seems to be a fair bit of interest in this company
Does anyone have anything to say on this one

 

[Mofra]

Re: Australian Worldwide Exploration (AWE)

I've been following AWE as well as NZO & PPP as the three are partners in the Taranaki Basin exploration - AWE have far wider interests than the other two (hence the greater market cap) but as far as I can tell NZO & PPP are more leveraged to upside if further positive results are released from the exploration. Don't know too much about their other interests sorry

 

[Afterglow]

Re: Australian Worldwide Exploration (AWE)

Well it easy in hind sight to say that this one was a possibility

At time of first post 19th September $ 1.73
Closed on Friday at 15th October $ 2.03

It is frustrating sometimes not having enough money to make money lol

 

[TonyM]

AWE

Any thoughts on where this might be going?


Cheers


Tony

 

[GreatPig]

Re: AWE

Tidy little breakout today.

Has now jumped above the previous high last October and into blue sky territory.

Cheers,
GP

 

[RichKid]

Re: AWE Australian Worldwide Exploration

The reason for the breakout imo is the recent oil/gas discovery with Santos.

 

[mikeg]

Re: AWE Australian Worldwide Exploration

Starting to look promising again. Anyone been following, and know why the recent rise?

 

[macca]

Re: AWE Australian Worldwide Exploration

Hi all,

I would put the rise down to the fact that CASH is about to flow from Bass Strait fields.

Macca

 

[michael_selway]

Re: AWE Australian Worldwide Exploration

Hi all,

I would put the rise down to the fact that CASH is about to flow from Bass Strait fields.

Macca

Not too bad this one, just wondering why AWE doesnt pay dividends? But it has been listed since 1997?

thanks

MS

 

[RichKid]

Re: AWE Australian Worldwide Exploration

Not too bad this one, just wondering why AWE doesnt pay dividends? But it has been listed since 1997?

thanks

MS

It's still growing, cash goes back into the business (if there is any spare cash that is), nice volume today and break to all time high, let's see if it breaks-out cleanly or not.

 

[RichKid]

Re: AWE Australian Worldwide Exploration

Here's a chart showing the push to a new high. I'll add another chart with commentary if another pattern emerges around this breakout attempt.

 

[Prospector]

AWE - Australian World Exploration

Something seems to be giving this a nudge today in an otherwise red environment. I cant see anything public so was wondering what the buzz is all about?

I have held this stock for some time and took out all the recent offer SSP offer but the price continues to climb, but today up 8c?

 

[56gsa]

ABN research today suggested AWE at well below average PE - with EPS FY07 27, FY08 37 (from memory) looks one with growth

 

[RichKid]

ABN research today suggested AWE at well below average PE - with EPS FY07 27, FY08 37 (from memory) looks one with growth

Let's hope it's note a dodgy broker trying to jack up the price so a client can sell into the strength to exit. There is still some selling about as you would expect at or near a previous resistance level. Certainly is bucking the oil sector trend for the juniors. I hold too Prospector, the next round of exploration might give this a boost but still some time to go. BassGas project still causing problems.

 

[ctp6360]

This one is in a trading halt after an announcement, I'm just reading it now to see if its good news or not!

 

[lewstherin]

Bit of activity around AWE today...and it broke the $3 for the first time...

I got in at 2.90 anticipating the company going income positive at last, but wasn't expecting it to move this soon...

 

[GreatPig]

From my very limited EW experience, it looks like it could be in a wave 3 to me.

Been holding since it pushed up from the bottom (my wave 2 point) in late March. Bought at $2.61.

Cheers,
GP

 

[jet-r]

what is happening with AWE?
How come it has been going up from $2.81 to $3.38 today?? up 6 days in a row!!
while OSH and HDR are have a rough ride.

takeover rumour??

 

[lewstherin]

Haven't heard any rumours, but I thought the increase was reward for the Bass strait gas project ramping into full production this quarter.

 

[jet-r]

20% in a week for a mid cap share is abit too strong for me.

should i take profit or hold..... . .(we ask that question everyday dont we