The sentence in the announcement about discussing other possible JV with the Range sub is important. Obviously AOK has some adjoining land with Range.
In order to most efficiently drill horizontal wells,you need as many contiguous section of land as possible. They are the most likely company to takeout AOK.
aok - a take over target at this price, page-7
Add AOK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.007M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.496K | 374.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 16847455 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 4543560 | 5 |
View Market Depth
| Last trade - 10.00am 11/11/2024 (20 minute delay) ? |
| AOK (ASX) Chart |