re: Ann: Kansas well intersects 350 feet of M... AOK has been in...

re: Ann: Kansas well intersects 350 feet of M... AOK has been in decline since the 22nd of March for 5 whole weeks on the weekly chart. It has gone down from a high of 17.5c to the current 13.5c.It appears to have a big holder exiting and has reached a level that it is quite reluctant to sell at a lower price.It is also at a level that there is a bit of support.Management do have to consider the share price of the company in general, for despite all the good news of increased production, increase resources and reserves, shareholders will not stick around if there is no SP appreciation. Let alone small companies like AOK has no or little chance of issuing dividends etc.As the SP now is even lower than the placement price, management should consider capital management that is with surplus cash, they should consider buying back some of the shares and cancelling them.For despite the company doing well, they have done nothing to improve the shareholders wealth.