AOK 0.00% 0.3¢ australian oil company limited.

new austex article , page-2

  1. 631 Posts.
    lightbulb Created with Sketch. 9
    Got to read it, not a bad article .... a little bold with the value at 9X but i am comfortable about a run into the high 30's.

    If they can prove up Colby later in the year/buy more acerage this will push higher again. 9X times the market cap would push it to like 650M MC which personally is just too large with the production numbers and acerage's the way they are at the moment.

    I could really see some good hype around the stock from insto's once they stand up and take note.

    If it has a dream run similar to MAD in 2012/13 it could push toward the 40-50c range undilluted (I'm not suggesting it is worth this much before flaming but my run well on the hype).

 
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