AOK
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0.00% 1.7¢ austex oil limited

Where is the cash in hand???? Its the 'debt money' that they...

  1. stylishlalit
    328 Posts.
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    24/07/15
    17:55
    Post #: 15690834
    Where is the cash in hand????
    Its the 'debt money' that they have withdrawn recently. Check out their presentation for IRR at under $50 oil price..you guys will understand why its reaching new low..new production isn't just justified at this low oil price. Can't see them aok making money once hedging expires. DYOR
    AOK Price at posting: 8.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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