AOK 0.00% 0.3¢ australian oil company limited.

I am with you coldfish. I have the feeling that there is so much...

  1. 451 Posts.
    I am with you coldfish. I have the feeling that there is so much promise that even the institutions and professionals who got good value become disappointed when the SP is going nowhere thus they keep on dumping as they are not having any returns. I for one have been proposing that if we get any credit facilities, with the cash flow surplus, the company should be buying back their own shares because they are cheap and thus a good buy.When there are too many shares in the market, they become a plaything and not an investment. I have seen it happen so often with micro company shares, that I understand how things work. However I get shot down whenever I brought this up, however the SP does vindicate my belief.I have been told that each time I brought this up, that the company has to prove itself first. How long this has been going, I don't know? I do know that till now the SP is still going nowhere.
 
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