Fundamental Financial Analysis, page-12

Any stock with a shareprice less than 1c and undercapitalised is a penny dreadfull ....what AKK has going for it at the moment is it has oil , previously sunk money has given them a better understanding of the Geology, its at the lower end of the oil market cycle and has enough cash to see it through these 3 wells...how it pans out from here is dependant on the wells and the price of oil...

These smaller Companies totally rely on raising cash untill they finally crack it , if either of those two events doesn't happen they go to the knackers yard....

Nobody forces one to buy these stocks but the reason many do is they are gamblers and every now and then one pays off big time...sometimes Management are crap, sometimes the market is crap , sometimes the wells are crap ,sometimes all are crap and every now and then the planets line up....we are here to find out..

Cheers Whisky