AKK 0.00% 0.3¢ austin exploration limited

trading halt!!!, page-17

  1. 20,405 Posts.
    lightbulb Created with Sketch. 1990
    hi all

    beem watching ever since i sold a while ago. Capital raisinngs are never good wehn price is at this level. Share base will be dilued heavily capping future upside and making each .1 cent increase reflect a bigger change in market cap

    if they were acquiring a productive asset, or the SP was doing well, then i would say its good, but surely you guys aren't happy with a raising at this level. Even a 5 million raising will be heavily dilutive, and my guess it may be bigger
 
watchlist Created with Sketch. Add AKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.