AOK australian oil company limited.

Sold the farm for a handful of beans

  1. 189 Posts.
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    Well I knew the sale of Red Earth would be a panic sale but I never thought it would be this bad as compared to the same deal Xstate did a few months back.

    For $A3 m they settled on the Nido owed and the back production from Red Earth which comes to$A 2.25 m so they then added 30% of Red Earth and got $A750 k from that. These aren’t my numbers but published by the company.

    So by comparison, Xst sold their 25% int in Red Earth for $A 4.17 m which values Red Earth at $A16.7 m where AOK sold their 30% for $A 751k valuing Red Earth at $A 2.5 m.

    shocking, result. Simply shocking
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.113M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
20 16574709 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 4896975 8
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
AOK (ASX) Chart
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