Takeover chance would be low IMHO. Stones own too much of this stock for anyone to take it. Recent buying could not be them (I think) - they would have to declare it as directors / substantial holders.
We've been in an odd situation in the last few weeks with opposing forces. On the one hand we have had a huge overhang with a stack of Con Notes and options maturing. On the other hand the ducks were lining up with lots of new wells getting connected, production increasing, RBL, a war chest for aquisitions / accelerated development. I think these forces have played out over recent days and it seems buying pressure has won out.
Given the bots, X-trades, special crossings, and lack of ramping; I would imagine its a new insto making its move before the news flow hits over the next 6 weeks.
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AOK
australian oil company limited.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.003M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7629156 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 3688965 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 7629156 | 0.002 |
17 | 55458474 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 3688965 | 5 |
0.004 | 9291001 | 8 |
0.005 | 4275000 | 5 |
0.006 | 4166831 | 2 |
0.007 | 2857142 | 1 |
Last trade - 07.10am 02/07/2025 (20 minute delay) ? |
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AOK (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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