If you want some evidence that handbreak should be coming off, here it is:
1) Confirmation that the Cap raising was strongly supported.
- looks like placement and shortfall will be scooped up
http://www.ugcenter.com/Mississippi-Lime/AusTex-Oil-Raise-Funds-Mississippi-Lime-Acquisitions_108496
2) Presentations starting immediately AFTER shares are issues
- this is not about drumming up interest while shaking the can, its about driving the price home after the placement.
http://www.proactiveinvestors.com.au/companies/news/35740/austex-oil-to-showcase-its-growing-us-oil-and-gas-production-at-stars-in-2012-35740.html
DYOR. Good luck all.
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