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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. > Algo Attack
View:
Post by firstworld on Sep 28, 2023 9:51am

Algo Attack

Nice Algo attack triggering stops on the way down.  Picked up a bunch more.  Tgis is hilarious nothing has changed for AOI except for positive Namibia DST results
Comment by Fortunas on Sep 28, 2023 10:24am
Yep. The move below C$3 on TSX likely doesn't help, as that wipes out the small margin that was available for anyone holding it through that listing. And the Bloomberg headline suggesting the Nara dry hole created concerns around viability of Venus likely just added more fear selling than is warranted. The stock is underperforming comps by 15-25% this week, while the vast majority of the value ...more  
Comment by argaiv on Sep 28, 2023 10:44am
Do you have a link to Bloomberg.  I cannot find any links on GOOGLE.