I've been following AKK. Personally I think it has been the subject of a pump and dump. The run up in share price was on pure speculation, we saw dumping start as soon as the well spudded, obviously the pumpers offloading because of the real risk that it could be a dud.
Now we have had some delays, and a correction to boot, so IMO it is hardly suprising that it is crashing... The well could still be a goer, just people are running scared....
Honestly I can't understand why you would pay $1.00 for a share that if the well is a success will probably do little more than maintain it's current price, but if it is a duster, will plummet by 50% or more...
- Forums
- ASX - By Stock
- AKK
- st **riel a duster
st **riel a duster, page-2
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)