AKK 0.00% 0.3¢ austin exploration limited

self fulfilling prophecy as is often the case today. traders...

  1. 748 Posts.
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    self fulfilling prophecy as is often the case today. traders want the gap filled at 1.9c, so sell. selling encourages more selling and the price drifts to 1.9c (now there is a standoff waiting for someone to sell into that line).

    not sure if it is chicken or egg, but doesn't really bother me either way. i didn't want to risk the upside potential selling at 2.2-2.3 to get back in at 2cps... many will, and have done well (and good on them), this company looks like working out for all strategies at the moment!

    way undervalued based on yesterdays news, and more-so on today's update (with 12-24 more wells due to be drilled in the next year).
 
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Currently unlisted public company.

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