AKP 0.00% $6.20 audio pixels holdings limited

AKP - Chartwatch, page-211

  1. 2,457 Posts.
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    This merely shakes out the boys from the men:

    Lesson ONE; TON rose from 10c to 80c+ within 6 months or so - retracement back to 8c before it went into suspension. Same as AKP - management could not explain reason for the selling -it continued and cap raising at lower prices finally put the stock under. TON has the largest JORC graphite resource on the ASX.

    Lesson TWO: ZIP rose from 20c to $1.30 within 6 months or so - retracement back to 12c. Same as AKP as near the top brokers started coming out saying the stock was all hype. Although promising it has not recovered. The problem - monetisation of the product.

    Lesson THREE: MHM rose from 20c to $1.30 within 6 months or so - retracement back to 2c. In this case MHM was a sham and the technology did not work - CEO also responsible for accountable funds.

    I only take these stock as I have been involved in them and got out of two before falling - the third I was burnt.
    In all three cases though you need to ask yourself
    1. In Lesson One - does AKP need to raise cash ?
    2. In Lesson Two - Does the AKP product have a monetisation problem ?
    3. In Lesson Three - Is the product a sham ?

    We can clearly state in cases one and two NO - I will leave Lesson three for you to decide however with the Lau brothers and TowerJazz on board one would think not.


    Spozzie
 
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