AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: $12.5m Raising to Further Developmen... There is great...

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  1. 7,365 Posts.
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    re: Ann: $12.5m Raising to Further Developmen... There is great demand for AOK at the 12-12.5c level, andres. There is also demand at 13c. So 12 -13c is about the right level for a placement. This will speed up AOK's development. The exercise falls within my level of expectation. To summarise, AOK's management has got it right. They have set the placement at a level where demand is exceptional and strong. I would rather have strong demand for the shares than anything else.This will be the base where AOK launches its takeoff point. The extra cash on hand will enable AOK to do things it wasn't able to do before.
 
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