Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.

TSX:AOI - Post by User

Africa Oil Corp.

Bullboard Posts

Post by malinrobon Oct 02, 2014 5:16pm

532 Views

Post# 22993276

Discussion about institutional holding on iHUb

according to Morningstar,the institutional buy to sell ratio for july thru September is 4,275,757 shares bought to 297,000 shares sold makes you wonder what is going on?
reply 1:
actually the number is 1,400,000 shares bought to 297,000 sold still looks like 5 to one ratio
reply2:
Welcome to the Real World- Just seems to be the way the game is played. A Big fish wants in...the loyal long term investor gets hosed! Oil sector has been out of favor since April,and everyone knows what has happened to the price of Oil... Add third world investor paranoia.and voila You've got the perfect recipe for large accumulation on the cheap As any manipulation is easily camouflaged- The best revenge is to buy more if you're at all liquid-/

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