I think the big players are keeping bids out of the market . It is sometimes done to disguise intent and to try and keep a lid on things.
The company's balance sheet is no cause for concern but what people are waiting for is the report on potential revenue that exists with this latest prospect...also the future costs associated to achieve those goals and then one can evaluate a sp level.
If the ann can deliver a strong result in all those areas i can then only imagine the post results commentary in the market and on H/C. It will alleviate any fears of substantial price drops in future.
That said if most wells are producers and oil is also found together with gas as has been eluded to, i cannot see any expected adverse impact in future but rather a growing sp and excellent holder returns.
Cheers... spikeup
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held