AKO 0.00% 15.0¢ akora resources limited

Ann: Trading Halt, page-9

  1. 2,412 Posts.
    lightbulb Created with Sketch. 1614
    This has the potential to be the second botched raise from the two raises since IPO.

    The last botched raise was due to running and was made when only 50% of the maiden resource had been announced, and then the rest of the maiden resource was announced about 10 days later.

    At least the last raise was done at $0.32c - which felt like a significant 20% discount at the time.

    A 100% strike rate for mistimed raises resulting in excess dilution will have me strongly reconsidering my position.

    @BSquire I don't need to top up, I've got exposure to 1.6m shares FML
    Last edited by thecrabpest: 27/04/23
 
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