AOK 0.00% 0.3¢ australian oil company limited.

chart, page-125

  1. 7,365 Posts.
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    WB, like you got a few more at 12c, by the last 2 days action, it is definitely accumulation. Also at the same time notice some attempt to exit by stale holders or some taking profit especially today. I am impressed by the fundamentals of the company, so hopefully it pays off.As production moves up one level, so does volume output and with more wells coming on line, the prfotability of the company will start to look good.The company can do one of two things, buy more land or do a capital management, that is by buying back some of the issed shares, which will have the effect of moving the SP of the company eg AZZ.
 
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