S.L. By raising the M.C.issue, it has actually a potentially serious negative.
You're right in saying that our M.C. now is $20 million, yet, just prior to the placement in Feb, it was over $23 million!! So, the market has REDUCED our M.C. by $3 million, DESPITE the Stifflemire result and all the positive progress that has been made!
Suggesting that the "market" "COULD" and I stress, could, think that its opinion of the value of AKK, the M.C., is around $20 million??? How would that extrapolate with an extra 600 million added to the I.C.?? Scary!!
The "market" is a very different animal to actual shareholders when putting a "value" on a company. "It" has no emotion, no vested interest!! Still a "punt" in anybody's language.
AKK Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Held
