This merely shakes out the boys from the men: Lesson ONE; TON...

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