support if 3 fails, page-7

Hi Jess9,

I can see the stock touching 2.8 or 2.9c temporarily. Have to say that the support at 3.1c and 3.2c has been pretty good to date.

There is some 300+m shares that are coming on due to the placement so I can see some profit takers.

I took up 2m on the placement and had 4.6m shares prior to the placement. I offloaded 2m at 3.4c last week after trading half resumed. Essentially my position is unchanged but got $10k on the side and an extra 1m AKKOA on the side. Only thing is I needed the money immediately to pay for the placement. I am probably not the only one doing this.

Also agree with bjc3, when little oil and gas stocks delay, delay and delay usually means the news is not as good. With AKK I believe that the initial flow rate are commercial but its going to be the decline rates after 2-4 months. Also the horizontal fracking should provide good initial rates but once again its the flow rate after 3 months.