AOK 0.00% 1.7¢ austex oil limited

I think the release of escrow of some 38m shares might have...

  1. 13,293 Posts.
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    I think the release of escrow of some 38m shares might have something to do with it.

    Havn't checked who has them but must be a cornerstone investor you would think and about 25% of the company.

    Shook the tree though and maybe the last of the 10 centers that want to exit panicked a bit with the tradeable stock expanding in january.

    8 wells on the money on that lease is good.

    2 wells a month now next year.

    Company have their finger on the pulse and seem confident.

    When these wells get to full flow look out.

    Holding tight on this one and added 100k shares this morning.

    I like this one and it seems what they have are small producing long life wells.

    Any movement in the oil price will move this soon.

 
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Currently unlisted public company.

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