I think Hot-trader was the first one to talk about the reporting practice of this management team ... and as expected the "LT" thinkers came in droves to take a shot at him.
I remembered he was correct in fearing that AKK would be at the 2c mark when it was trading at 2.8c...or very close to the placement price.
I have been fortunate enough to trade my average price down. New entry is 1.8c
Its pretty clear that there are certain holders that would know more than the mum and dad investors. Quite clear that there are parcel of 1 million and to an extent 500k lots that keeps coming in at 1.9c and 2c range, then now you have a "delay" in the results.
Of all the Hot Copper posts only 3 has been spot on. First one was Jamie Park London calling the placement when this was 3.5c, the second would be Hot Trader call about the management reporting style and the Third one is from Cdnesses who showed evidence why drilling was delayed.
Of course Mscara I am sure those who have a "LT" vision will always come out and somehow try to defend the company. Most common would be "why don't you sell" crap.
AKK Price at posting:
1.9¢ Sentiment: None Disclosure: Held