"AKP dropping $500k / month on manufacturing development " LOL you must be tripping. Where did you pull this figure from ?
AKP has spent sweet fa on manufacturing development.
Here's a summary of the last 4 cashflow reports -
Total cash spent $5.6mil
Spent in Aust $2.1mil - $700k admin/corp; $600k interest; $456 directors fees; $360 wages
Spent in Israel $3.5mil - $2.3mil wages; $1.2mil admin/corp & paying down trade creditors. (Will be interesting to see the payables balance as at 30 June).
It's costs $500k per month just to keep the company afloat.
AKP Price at posting:
$6.20 Sentiment: None Disclosure: Not Held
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