Australia's largest stock trading and investment forum Australia's #1 stock forum

AKK

Click for more information

0.00%

0.3¢ austin exploration limited

Ann: Trading Halt-AKK.AX, page-56

First 56 Last

Share
Profile

Follow
dans6401

5 Posts.

22/09/16

15:55

Post #: 19352492
Share

Originally posted by bruutz82 ↑

Good work mate - I think you will find that there will be many more good entry/ exit points to come with AKK.

1) OPEC meeting in 6 days that could fundementally change the price of oil
2) Third drilling result due in 2 and a half weeks
3) First flow test in 6 weeks
4) Subsequent flow test results every three weeks after that

This is where I think we will see some dramatic positive price movements of AKK.

Consider this: If OPEC better secures the price of oil and if AKK achieves strong flow test results - as AKK currently have a heap of cheap drilling gear - they may just keep drilling a further three wells.

If this scenario occurs I do not care how many CR's AKK asks for!

Expand

Thanks Bruutz,
Bought in early May. Sold remaining shares yesterday to put in to BMS. Was expecting another pump to .01 but news seemed a bit thin. Hope other holders do well, but I'm out for now.
Bevter I'm not going to post my buy and sale notes. If you don't believe me that's fine.

AKK Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

HAW

Yangibana 33% complete says Hastings, as it provides clarification on funding

GRL

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

RBL

Recce scores $6.75M R&D rebate

DLM

Biome reaches intellectual property milestone in strain development program

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

There are more pages in this discussion • 82 more messages in this thread...

First 56 Last

Add AKK (ASX) to my watchlist