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Bullboard - Stock Discussion Forum Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > When NCIB stops spending $5-10M/week buying shares
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Post by GripnRip on Oct 31, 2022 10:43am

When NCIB stops spending $5-10M/week buying shares

Will SP retreat back to $2 range?
at $2 makes the piddly div look more attractive
Comment by toptiger on Oct 31, 2022 10:56am
recent surge has not just been just aoi share buybacks driving the price up, but has helped might go back to very high 2's but not much lower if at all think a lot of people have bought in recently, value driven stocks are now front and centre
Comment by DAGUY on Oct 31, 2022 11:03am
agreed if you look at share volume each day it isn't just AOI buying. 3rd quarter results hopefully are great to help keep the momentum going. Including what prime dividends we got if any. Then hopefully we hear about Kenya and that pushes us even higher.
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