Q:Sir, What are you views about ABAN now ??? Again it is near 231.
A:
The decline in stock prices of exploration Companies over a good time mainly on account of cheap crude oil prices that prevailed during the past few quarters. Plus the company having debt burden. As per some other sites the data shows a comfortable level in debt equity ratio. Aban showing a very slanting move, will change over the time. The out look remain same with a first target near 400.