WR, Its amazing how people can look at the same data and come to...

WR,

Its amazing how people can look at the same data and come to very different conclusions!

AOK hit 1000 BOEPD in Dec 2013. Since then it has had a 40%+ gain. I think many companies would be happy with such a "modest" gain. By comparison ASX 200 has increased about 6% and ASX 200 - Energy has increased about 10%. So I'm pretty happy. I also think its got alot of puff left in its sails for 2014 (another 50% from here). This is on the back of a sustained 3 year uptrend by the way, starting at 6.5c in Dec 2011.

Agree on Ozzy oilers being undervalued but that does not change my gains. It just changes what I'm prepared to buy and sell at. My pricing is more conservative these days.

Its Saturday today so this may not relfect the live market but Comsec has 54 buyers with 8.2 Million shares on the buy side vs 22 sellers and 2.2 Million shares on the sell side. I haven't seen such healthy stats for some time and I'm not surprised given upcoming news ( I was surprised that the overhang cleared so quickly). So I'm not sure what your logic is about waiting a couple of weeks - are you suggesting this a a pump and dump? I was happy to top up at 17c a few weeks back.

Best of luck

Dis