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flight11

3,966 Posts.

785

10/03/18

18:44

Post #: 31664344
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Originally posted by Risiko ↑

Hi everyone, just found this company and rather taken aback by its current SP. I'd be interested if anyone can give me a logical reason as to why this isn't trading at $0.16 instead of around $16.00, based on the poor financials, lack of a demo product, auditor's qualifying remarks, con notes, relatively substantial corporate and management expenses, and chequered history.

Great potential and all that, but nothing here that remotely justifies its current SP from my point of view, until there's a proven product out there at the very least.

Thanks for responses.

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I suggest you read all the company's ASX announcements for the past 2 or 3 years and draw your own conclusions. There is no substitute for doing your own research. After that, invest or not. It's your money.

AKP Price at posting: $16.45 Sentiment: Buy Disclosure: Held
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