AKK
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0.00% 0.3¢ austin exploration limited

Ann: Renounceable Rights issue & placement to fund growth-AKK.AX, page-12

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  1. chord
    198 Posts.
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    11/04/16
    14:18
    Post #: 17473080
    Really at 0.4c? Are they deliberately trying to crash the share price?

    They are raising $1.7M AUD and each new well costs under 500K USD. If you do the maths then they will drill 1 well only.....if it's a duster then what?

    I've lost 94% on this stock.....I wish I bailed out at $0.01
    AKK Price at posting: 0.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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