AKK 0.00% 0.3¢ austin exploration limited

Prospectus to raise $100, page-14

  1. 6,312 Posts.
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    lol Plough. Wondering how many would pick up on that (not so subtle I thought) phrasing.

    If you want a trading option on oil ... trade oil. I don't believe AKK is a good "option" on oil price because
    they don't produce much and while a gusher will spike their production its net income that matters.

    IMO it would be a producer with diversification (oil, gas, LNG, local & international mkts) that would offer best optionality to oil price - but even they are continually hammered (and now the banks that lend to them are getting hammered).
 
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Currently unlisted public company.

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