AOK.AX stock up 25% intraday on ASX: can Australian Oil Company sustain gains?

AOK.AX stock up 25% intraday on ASX: can Australian Oil Company sustain gains?

AOK.AX stock surged 25.00% intraday on the ASX to trade near A$0.0025, driven by a thin market float and higher volume. The Australian Oil Company Limited (ASX: AOK.AX) is an exploration and production small cap listed in Australia. We break down the intraday move, the company’s key metrics, and short-term outlook as traders watch liquidity and sector momentum.

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