I suspect if they get the placement away at 31 cents we will see greater share price support from that alone. I would also not be suprised if now the placement has been approved some good news comes out to ensure that the placement is filled.
I don't know this to be true - just speculation and a little bit of conspiracy theory.
Heaven knows I need a bit of luck being a holder of both AKK and TEX since IPO - I know there are some other true believers out there in the same boat. Good luck!
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held