AKK 0.00% 0.3¢ austin exploration limited

Hey Gary,IMHO - In the bigger picture, the biggest roadblock for...

  1. 146 Posts.
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    Hey Gary,

    IMHO - In the bigger picture, the biggest roadblock for AKK SP is the SP itself. At 2.5c, "the masses" that represent the investing market would at first glance judge AKK as a speccy stock (which it was up until a few days ago)

    With the recent announcements, they would probably be taking the "sheepist" view that "if the numbers in the valuation reports are to be believed (i.e. 30mil Barrel recoverable = $3bil@$100oil), then why is the share price so low.....there must be something there that i dont know about this speccy stock"

    It just takes time for people to get comfortable with what was a Speccy penny-hopeful being now an very undervalued company sitting on very valuable real estate after delivering some pretty stellar results.

    Thats the ways i sees its. DYOR.
 
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