If you want some evidence that handbreak should be coming off,...

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.