I have been putting money into this company for quite awhile and well under water now. Had some hope for AKK when they put in a few wells on a low cost basis and confirmed we had a site with a lot of potential for an oil minnow of a company. Now, like another poster wrote, I believe this whole pathetic exercise is to fill the trough with cash the quick and easy way for you know who. With "professionals" now unloading at anything above 0.6c this share price is wrecked for the future.
If this was such a fantastic deal then why would another junior oil company sell it? They know that oil in the ground has no value in today's world.
Once again another management comes out laughing while existing long term shareholders get smashed.
GLTA
Bardot
AKK Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held