Weirdest Stock on the ASX., page-91

It may well be the case that AKP can't find away forward to manufacture these wafers. However, such is the technology at play here, even if they are unable, someone will buy into the story and take over the manufacturing process. They are likely to have deeper pockets than even Fred!

The end game here may well be to sell the business. Fred has a history of doing deals (and raising cash) at a premium to current prices. But perhaps it would be sold at a discount. Regardless, the value in this business is substantially above zero. I have always held this company with the view that my investment could suffer a 50% loss but offering unlimited upside. I don't mind that risk/reward. Given many investors in AKP continue to be very long term in nature, the 50% downside from current prices may well highlight why 90%+ of the share base holds.