Tilleydog AOK, which i have held in the past reminds me of another share i had. Mosaic oil.
They were doing similar things, small targets, gradually increasing production, although MOS was more gas than oil.
The MOS SP floated around 10 and 25 cents over a period of years and like you i always thought it would take off like AOK.
Eventually it was taken over after i got out, for under 20 cents from memory by AGL i think.
I rate AOK the same.
AOK at 11.5 is at its lows i reckon and at that price is a very good buy.
So if you can wait another 12 months i reckon it could go to 16/20 cents in that timeframe or if one of the larger companies in the area see value in taking it over then that might be another option.
MOS had a lot over infrastructure though which made them more appealing for a takeover.
But in the end its what price you want to take when you decide to sell that matters.
- Forums
- ASX - By Stock
- AOK
- what is needed?
what is needed?, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla