Ann: Renounceable Rights issue & placement to fund growth-AKK.AX, page-20

Chord, in the statement they also say they're trying to raise almost A$1.9 million, so it seems to me they can't even get their figures to agree.

Let's say their wildly optimistic target of A$1.9 million is hit. By my calculations, that would involve the issue of almost 4 billion new shares. Let's overlook the options.

Is this how you spell dilution? And this coming after that 10 into one consolidation a couple of years ago.

Go AKK, we're all rooting for you.

AKK's value as a future tax offset remains.