AKK 0.00% 0.3¢ austin exploration limited

Ann: Commercial Oil Production commences in Colorado, page-60

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  1. 13,065 Posts.
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    Guggs. All as expected from the knockers post ann. Now Guggs, the punters have been burned and being honest punters they have walked and taken their losses as punters do, and the real investors see not too much damage to the SP and take some satisfaction that there just might be a future with this company.

    That's all that happened yesterday and holders should be very pleased with the outcome, probably all the freebie options have been removed from the market, which now cost .002, and a big swag of those that were issued to SIs in the placement would also have got out just to get their money back, but, no cigar. That's how SI's operate. Better luck next time. Yes, luck.
    The SP is still around the same and more news to come with lots of pure punter speculators now out of the way reducing the selling pressure.
    You say 2 more wells to go, yes, that just might help the punters who have stayed in, but, much more important to the investor who really is looking far beyond those two more wells, something like another 300 or so!!!
    But, amazing how so many posters on HC simply do not understand the mentality of a true punter and the absolute difference to the investor. And the "experts" are already, after ONE well mind you, gloating with their "I told you sos". Words (should) fail all of us.
    Let's see the next two wells.
 
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