Ann: Austin raises $1.7m addendum-AKK.AX, page-6

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trent3727

2,452 Posts.

10/06/16

18:55

Post #: 18010242

Originally posted by Autosime ↑

As Al pacino says
every time I wont to get out they pull me back in

That's right Troyboy, my figures are wrong, the reality is much worse . I estimated the fees were 80-100k put they are worse
The issue is not underwritten and costs of the raising are a $40,000 management fee and 6% commission on funds"
that is $140,000 plus wait for it..........................................................
"

Column 1 Column 2

1 New Placement Options subject to approval at Shareholders meeting 14 June 2016 pursuant to the Placement Options Offer
18,793,487

2 New Options offered pursuant to the Sub-Underwriter Offer
216,679,179

That right , just another 240m shares and 240m new options

and for what - to drill another two wells that will trickle oil. Fully diluted 1.5 billion shares .. and the 1.7 becomes 1.56m in a blink p;us 242m new options md shares. you guys have been diluted by 1/3 for 1.56m in cash.

you should all be happy , as someone said , not a coiled spring but a coiled turd

Expand

yer youre right autosime im going to dump on the open are you still sitting at 0.006 or did you have to put youre bid up to 0.007

AKK Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held

1 Upvote

0 Great analysis

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	Column 1	Column 2
1	New Placement Options subject to approval at Shareholders meeting 14 June 2016 pursuant to the Placement Options Offer	18,793,487
2	New Options offered pursuant to the Sub-Underwriter Offer	216,679,179

Ann: Austin raises $1.7m addendum-AKK.AX, page-6

Top Stories

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Auric sniffs gold up to 12.1g/t through drilling at Spargoville prospects

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Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Recce scores $6.75M R&D rebate

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

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