AOK 0.00% 0.3¢ australian oil company limited.

to be blunt, page-13

  1. 5,790 Posts.
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    IMO technically, we are close to exhaustion of the sellers. the SP looks like testing .165 and we may see a flurry of buying from the .17/.175 exits. Have a feeling that something may be be brewing............given the majors in the area and us being on the Nehema Ridge of an early play would look very attractive for a cashed up player. Looks like (acc to broker report) that they can raise cash through debt markets mid to late year rather than cap raise. Looking very good IMO.
 
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