AKK 0.00% 0.3¢ austin exploration limited

trading halt!!!, page-92

  1. 1,304 Posts.
    "Don't assume the SI involvement = success.
    The placement to SI is often pursued as it is quick and doesn't require the disclosure and time a normal raising does "

    Agree with your Placement to SI over retail re speed of execution. I'd make the following observation that the margin of opportunity for quick profit for these SI's is small. I'm gratified that (assuming full take up) that they've been able to place a relatively small yet specifically allocated package.

    To me it seems that for very little advantage, these SI's have joined the register for the same ride we're all on.

    I have no more idea than anyone else what this lot of SI's will do with their 1 or 2/10 per share 'advantage' but I think its a better support signal than previous placements, and what a great shopping list for the money.
 
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