AKK 0.00% 0.3¢ austin exploration limited

1 bagger, page-58

  1. 63 Posts.
    You ripper $0.05 in 2017 and I am almost back to brealk even !!!!
    So, what are the options:
    > double down now & avoid the rush
    > leave them in the bottom drawer until 2017 and beyond
    > sell today & wait for the forecast 50% drop over the next 12 months then buy back in ?

    Seriously, I am sure Roger is very competent and a nice bloke, but to be giving 3 year forecasts on a $50M oil speccie is drawing a long bow. I hope he undercalled it by 100% (on the upside)

    My forecast is that AKK will be bought out by management in the next 6 months and refloated in 2 years at $200M + market cap.
    Obviously pure spec on my part
 
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