AKK 0.00% 0.3¢ austin exploration limited

The well is running dry, page-8

  1. 6,312 Posts.
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    How can you possibly read it that way?

    "Patersons Securities Limited is acting as lead manager to the Placement. The issue is not underwritten and direct costs of the raising are a $65,000 (plus GST) management fee and 6% (plus GST) commission on funds raised under the Placement."

    Says quite plainly the issue is not underwritten.
 
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Currently unlisted public company.

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