AKK 0.00% 0.3¢ austin exploration limited

commencement prospect, page-3

  1. 9,544 Posts.
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    Lest you end up talking to yourself...

    They earned 315k in the last quarter. Annualised, that's about $1.26m. Current market cap is $9.7m undiluted. So they are earning more than 10% of their mc in oil and gas revenues a year, with more acreage to be drilled! That's a dam good return for a micro cap. Investors happy to take a bet on other stocks which only produce methane gas. Got more at 2.9c, going to get more if it goes lower.
 
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Currently unlisted public company.

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