AOK
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0.00% 0.3¢ australian oil company limited.

Hi Binbin - my understanding is the company can pay down the...

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  1. daniel99
    365 Posts.
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    04/07/17
    22:21
    Post #: 25666284
    Hi Binbin - my understanding is the company can pay down the debt with the cash at bank (ie. they banked the borrowings but never really spent it). What is still left for the directors are the properties so i feel they could push for AOK to sell off properties to pay back the pref shares. Why wait for oil prices to recover when they can demand their 15cent shares back anytime?

    Snake river has about $20m in PDP reserves I think
    AOK Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.833M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $21.46K 7.155M

Buyers (Bids)

No. Vol. Price($)
10 20533665 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10674288 5
Last trade - 13.35pm 15/11/2024 (20 minute delay) ?
AOK (ASX) Chart
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