AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: $12.5m Raising to Further Developmen... Like I said in...

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  1. 2,412 Posts.
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    re: Ann: $12.5m Raising to Further Developmen... Like I said in an earlier post:
    "Would prefer if the capital raising occurred at a higher price but unfortunately, AOK do not have a good track record on that front."

    Nevertheless, after the capital raising, AOK will be able to accelerate its drilling program and if they can continue to produce similar or even better results to what we have been achieving to date, a significant rerating is bound to follow. Effective and efficient use of funds is key IMO.
 
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