Spectra vendor Gary Cobbledick ceased to be an AKG director on...

Spectra vendor Gary Cobbledick ceased to be an AKG director on January 15^th. His final director’s interest notice showed that he held  5.6m shares when AKG’s share price was $0.33. Since January 15 AKG was sold off to a low of $0.12, under the weight of selling pressure as Cobbledick liquidated his stake.  I can confirm he has sold his entire stake, with AKG’s CEO and Chairman buying much of this volume. I think continuing director buying shows conviction in AKG's future (from the same pair that purchased 11% of RDH at 11c.) With the weight of selling lifted, we have passed an inflection point in the supply and demand for AKG stock.

With an EV/sales of 0.25, AKG is a margin expansion story. If margins can revert to just 4% (40% of industry average), AKG will do very well. and with ~50% international students, you could see some longer term top line growth.