AKK 0.00% 0.3¢ austin exploration limited

Halcon Webcast, page-24

  1. 2,119 Posts.
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    I have cut my trading position Cmon. Leaves me with small position that I've had since 2.8c. I think it is hard to completely rely on the reporting when they remain pretty desperate for funding. That "Independent" report they published themselves emphasised that. I think they must have information on flow rates that should be provided, if not a legal requirement, just to be investor friendly. I'm not sure if recent buying is from someone with additional info which has been speculated. I doubt it really. My guess, as was hinted in the response to the ASX, is that its from Halcon investors who have noticed AKK and how cheap it trades. It is very healthy having what could be pretty much a new class of investor around that could value AKK much higher. I was happy to cut though. I was thinking about hitting 1.2 the other day so was bonus to sell some at 1.5 and finally at 1.4 today. I wouldn't have sold the rest today if there wasn't a chance that broader markets and particularly oil could be tipping over. I don't want to wait what could be months for AKK to present news given that background. I have enough left to be very happy if it goes higher and probably will buy higher on good results.
 
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Currently unlisted public company.

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