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.
AKK Price at posting:
0.6¢ Sentiment: None Disclosure: Held