I really did not want to sell my AKK shares but I have come to my own conclusions and agree somewhat with the notion that a CR is very likely and will be associated with an SP drop to around 2c to 2.2c. My main play for AKK is PEL 105 in the Cooper Basin and it will be a couple of months most likely before there is progress there - even longer if flooding occurs again. If I am wrong I will head elsewhere, if I am right I will buy back in at a lower entry. AKK is a company with a future but with a few dark clouds ATM.
AKK Price at posting:
2.4¢ Sentiment: Sell Disclosure: Held