AKN
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0.00% 0.5¢ auking mining limited

Hi Billchippy,If there are no good announcements to accompany...

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  1. burntgamber
    1,611 Posts.
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    04/04/11
    13:03
    Post #: 8208648
    Hi Billchippy,

    If there are no good announcements to accompany the capital raising then I can see that the share price would drift lower inb the short term.

    I am told that shares will be given in 2 tranches, with the second tranche to be done after an EGM.

    The other thing that I did not get is who is the main sponsoring broker. If its Patersons then I can almost say for certain that the share price will drift lower towards the placement price.

    For me to get in at 24cents could represent a quick trade for say 10% gain.

    AKN Price at posting: 30.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $2.230M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $3.725K 890.3K

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No. Vol. Price($)
3 261398 0.5¢
 

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Price($) Vol. No.
0.6¢ 1011100 2
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