AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: AusTex delivers record Quarterly Rev... imo malay they...

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  1. 136 Posts.
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    re: Ann: AusTex delivers record Quarterly Rev... imo malay they have only gotten runs on the board in recent times. beyond that its performance has scarred people. it never got above its issue price of 40c from day one and the float itself was characterised by various issues - i have had the unfortunate experience of being on this stock from day 1. its now only coming good and to expect people to jump on board ignoring its previous indiscretions is a big ask. also there is still not a market for microcaps i believe. interestingly though i think this stock is another example of an oil company that is hard to trade from charts. i was reading once that oily's are far less reliable to trade via this method than others - not sure why - but this persons view i think had some merit.

    i would love for this thing to run simply to get my money back!

    i do nonetheless appreciate other posters analysis of the stock - theres some good stuff posted out there.
 
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