AOK
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0.00% 0.3¢ australian oil company limited.

Ann: Quarterly Activities Report, page-3

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  1. WhiteRhino
    387 Posts.
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    31/01/15
    13:15
    Post #: 14674067
    They haven't drawn down any of the loan facility, so they won't have to pay it out. Maybe pay a break cost.

    My guess is they will continue to accurate acerage, drill and test the wells (cost about $200k per well) and then complete wells when price is right. They will have capitalized on low drill costs & acerage and be ready to capitalize on higher oil prices - with no debt.

    Sleeping/dormant giant
    AOK Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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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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