AKK 0.00% 0.3¢ austin exploration limited

2.6 billion shares. But, with SP above .02 and high turnover,...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 21,996 Posts.
    lightbulb Created with Sketch. 2177
    2.6 billion shares. But, with SP above .02 and high turnover, overhang risk is being reduced significantly. Issued Capital will not affect the "value" of the company, but, naturally, simple maths will cause SP to be influenced, the higher the I.C., the lower the S.P. Increased I.C. does not increase "value".
 
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.