AKK austin exploration limited

trading halt!!!, page-29

  1. 20,829 Posts.
    lightbulb Created with Sketch. 2146
    Every time there is a CR in the middle of drilling , the suggestion is made that results are good and thus timed to reward new shareholders

    Not only do I find that to be untrue in 95% of cases but if true it would be robbing existing shareholders by diluting them at a lower price than would otherwise be the case , so either way the argument is a bad one IMO

    Bbb - what I find with these explorers producing from small fields, the running cost of the business are always greater than net revenue and true. Growth is rare
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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