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Australian Oil Company Seeks Quotation for Over 306 Million New Shares on ASX

Story Highlights
  • Australian Oil Company operates in the upstream oil sector, listed as AOK on ASX.
  • The company has applied to quote over 306 million new shares, boosting market float and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Australian Oil Company Seeks Quotation for Over 306 Million New Shares on ASX

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Sacgasco ( (AU:AOK) ) has provided an update.

Australian Oil Company Limited has applied for the quotation of 306,933,792 new ordinary fully paid shares on the Australian Securities Exchange, with the securities issued on 22 December 2025. The enlarged quoted capital base is expected to enhance the company’s tradable float and liquidity, potentially broadening its investor base and supporting future capital-raising or growth initiatives.

More about Sacgasco

Australian Oil Company Limited operates in the energy sector, focusing on oil exploration and production activities. The company is listed on the Australian Securities Exchange under the ticker AOK, providing investors exposure to upstream hydrocarbons projects.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.5M

For an in-depth examination of AOK stock, go to TipRanks’ Overview page.

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