Ann: Austin raises $1.7m addendum-AKK.AX, page-15

They have always had oil...but the problem is that couldn't make enough $ from it even to pay the bills, wages, etc even when the POO was at its highest.
I dont post often and im not the type of poster that likes to say "i told you so" but i will say the SL and co do really know therir stuff....and their words should not be dismissed at downrampers. They speak from experience of having studied this stock for many years.
i heald this stock for about 4 years but gae it away after the share consolidation. The company really started to unravel when Richard Cottee quit as Chairman because i genuinely reckon that he was thinking that this wasnt going to work out and he left before his reputation got tarnished (if it wasnt already after some of his outrageous comments about their success). The old holders would know about this.
I just think the new guys shouldn't dismiss this a down ramping and do some research on the last couple of years.
But good luck to you what ever you chose to do