AKK austin exploration limited

Share Placement for nothing or for profit?

  1. 87 Posts.
    Hello All,

    Trading halt says "announcement to the market in relation to a material acquisition and share placement. "

    I guess share placement to sophisticated investors....... If you are the sophisticated investors will you buy the shares for nothing? If am the the sophisticated investor, I should know the company's current and future wins before I buy... should you?

    Also, I guess the sophisticated investors would buy the shares at a price they can easily sell at a certain % profit...would you?

    Any feedback will be much appreciated......
 
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