AOK 0.00% 0.3¢ australian oil company limited.

Excellent results, well reported and presented but what's new?...

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  1. 7,365 Posts.
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    Excellent results, well reported and presented but what's new? With 24 new wells per annum, AOK should treble their production by the end of the year.There is progress in the fields, it has been hardly reflected in the SP, management ploclaim that once it is listed in the overseas exhange the SP will improve, yet the SP has been in a down trend slide for the passed 5.5 weeks.Even the placement shares are under water. If the company keeps diluting the shares, the SP will go no where like it has been in the last 12 months.What is the purpose of the investment? To increase the shareholders wealth, the results have yet to be seen.
 
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