AKK austin exploration limited

pathfinder drill results ?, page-6

  1. 1,304 Posts.
    'Unless holders are going to sell at a big loss I don't foresee a lot of selling under 2c in the short term. I think 1.7c could be a while away and only if there is no news or the results are bad.'

    Exactly Nitro. The downside now is lower than in the company's history, and the upside is massive. When we were at 1.7 we didn't know what we know now.

    An important thing to remember for all who are asking the same question as Fishinnick is this. WE ARE A PENNY STOCK...Therefore, most of the price activity in the stock belongs to pip traders.

    The majority of all posts herein clearly come from those with a short term agenda. Nothing wrong with that, other than ultimately self defeating.

    The only reason we are at 2c is because the timing expectation of short term traders were not met by 28 November. As SL points out, we must now be close to OR EVEN LESS THAN cash/asset value. Anyone who suggests that 2-2.3c is too high an entry price is a pip-player. Good luck to them. Personally I couldn't be bothered at these volumes, and anyone wanting a meaningful stake is simply going to spook the price North.
 
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