Australia's largest stock trading and investment forum Australia's #1 stock forum

AKK

Click for more information

0.00%

0.3¢ austin exploration limited

further news, page-56

First 56 Last

Share
Profile

Follow
gassed

21,498 Posts.

2103

27/08/14

07:03

Post #: 13877313
Share

Originally posted by energiseme ↑

Thanks Shelcomm,

That is a very reassuring post you have there.

I am inclined to share your take on it all. The only concern I have is the last capital raising which took me completely by surprise!

"Fully funded" - "Cash Flow Positive" seem to be the words we hear then suddenly out of the blue - BAM! An SPP!

...and then there is this consolidation monkey I try not to think about which was also raised by another poster.

But last and not least my gut feeling tells me there is something in that announcement which the market doesn't like. We were flying until that was released.

Maybe those more sophisticated investors saw something I couldn't see. Perhaps they realised the money in the bank, debt and valuation didn't stack up in some way and/or that a CR was inevitable.

All the news released by companies appears to be good or great but to some people, it foreshadows something not so positive.

Interesting weeks ahead!

Expand

Maybe Cmonaussie can explain it and maybe be good enough to do some extrapolations based upon the new numbers that were in the last announcement. 2 wells per month in Birch??? Left field??

AKK Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TNC

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

There are more pages in this discussion • 39 more messages in this thread...

First 56 Last

Add AKK (ASX) to my watchlist