AOK 0.00% 0.4¢ australian oil company limited.

Ann: Borba 1-7 Flow Testing Update, page-6

  1. 1,671 Posts.
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    Well - what a great trade this can be. Those with the b$lls to pick up some in the 2s have been rewarded already. Sometimes opportunity presents itself very blatantly. Sellers assumed we'd be testing this well some time in July I assume? Anyway, best of luck to all holders here. We may actually be in a position in a month or so whereby the price of the shares is valued on the income the company is achieving, rather than what may be in the basement of a gas well. Here's hoping they can get a very good flow rate that is sustainable over a long period of time, then ramp up production across their portfolio and announce another acquisition and/or workovers in the near term. Market had priced it for failure and a waste of 100% of the Borba drilling costs. Let's see what news the next week brings.
 
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Mkt cap ! $3.778M
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Buyers (Bids)

No. Vol. Price($)
13 19932478 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 5355270 5
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Last trade - 09.59am 18/09/2024 (20 minute delay) ?
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