AKK 0.00% 0.3¢ austin exploration limited

There are none so blind as "those who WILL NOT see". Read the...

  1. 271 Posts.
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    There are none so blind as "those who WILL NOT see".

    Read the historical announcements made by AKK and then provide a reasoned argument, supported by facts, to refute the claims made by SL and others who appear to be far more familiar with the pattern in which the company operates.

    I bought shares in the company when they only had 1B shares on issue with suggestions by company officials that the company could reach $1B in value or $1 per share. At the rate that the company has been issuing shares they will soon reach 1B shares but nowhere near $1B in value even if they do find a half way decent oil resource.

    If you have read all of the announcements made over the past 4 years please tell me where and how AS and others are wrong in reaching the conclusions that they have logically arrived at.

    It is possible that even with a dog of a share, money can be made on price fluctuations because of their volatility, but this is probably more good luck than good decision making.

    Good luck to all who continue to seek their fortune in this stock. My sentiment is sell but my holdings are only worth 3.5% of their original cost and would even be less after taking into account the buy and sell costs if they were sold. So much for the suggestion that the company would be worth $1B prior to the consolidation and the various capital raisings since then.
 
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Currently unlisted public company.

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