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Sacgasco ( (AU:AOK) ) has issued an announcement.
Australian Oil Company Limited has announced a proposed issue of securities, which includes 7.5 million unlisted options and 15 million ordinary fully paid shares. This move is part of a placement or other type of issue, scheduled for December 11, 2025, and is expected to impact the company’s financial positioning by potentially increasing its capital base and enhancing its operational capabilities.
More about Sacgasco
Australian Oil Company Limited operates in the oil industry, focusing on the exploration and production of oil resources. The company is involved in the development and management of oil assets, primarily targeting the Australian market.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.5M
For an in-depth examination of AOK stock, go to TipRanks’ Overview page.