AKK austin exploration limited

why option expiry should be extended, page-4

  1. 23,563 Posts.
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    Good on you Seeeebastian. Although I fully agree with Malmoe's views regarding those that bought AKKOAs as a punt, high risk, high reward, play, I also agree fully with those put by Gryphon1.

    Management has to be held accountable for their decisions and they have apologized by misinformation that Gryphon1 alludes to and just as negligently, they issued AKKOAs, for free, to sophisticated investors and to their own executives, while the AKKOAs were being traded on the market.

    That simply is unacceptable and significantly depreciated the value of the AKKOAs, from which they have never recovered.

    So, as you rightly put it, it certainly is in the best interests of the company and all shareholders, particularly those AKKOA holders prior to the free issues who have been patently disadvantaged by the action of management and the mis-information.
    To be able to raise that $50 million from that source would be a major boost to the future of this company.
    Go for it, you have absolutely nothing to lose and you just might pull off a giant coup for all involved.
 
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