RE:RE:I have shares of Africa oil I bought in June of 2012Lower sharecount and totally other sentiment for oil.
A lot of persons here are obviously in fomo-mode. Trading ranges don't last forever, would be too easy otherwise. I followed Aoi a few years and have never seen such a short-mid-term bullish setup. If oil stays at 80-90 and not everything goes wrong, I can easy see $4-5.
Atm Prime is printing money. Outstanding Q3 for them. Though I expect no big divis to Aoi, because the have to pay back 160m debt in Sept. + pay a signing fee for Oml130 (5%of Nav). Some capex maybe too.