AKK
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0.00% 0.3¢ austin exploration limited

Emo21,$5000x200 = $1millionIf its $5,000x2000 = $10millionIf its...

  1. burntgamber
    1,627 Posts.
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    21/02/12
    15:57
    Post #: 9727541
    Emo21,

    $5000x200 = $1million

    If its $5,000x2000 = $10million

    If its $10,000 allocations then raising $10m would need 1,000 names.

    If they do a share purchase plan then I hope that there is an underwriter for any shortfall. This would indicate very strong confidence in the stock.
    AKK Price at posting: 3.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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