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If that was Fred's plan all along he would have done it...

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leec

1,292 Posts.

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18/04/24

17:31

Post #: 73412298
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Originally posted by Shortblack: ↑

ooft all right.

But leaving aside the issue of whether or not they can perfect their product and quickly commercialise it, writing off this inter company loan has the effect of making the balance sheet of APL look a whole lot better (and the parent company's a whole lot worse).
Also don't forget APL own all the IP.

Many here have said they don't believe Fred would walk away from his dream and all it has cost him. I agree.

If I were a shareholder I'd be asking "would Fred be prepared to cut shareholders loose?"

Not making any predictions here or saying I know what is going to happen, but if I were a shareholder that is what I'd be worried about right now.

Maybe the sky faries will come in the next few days and leave $10mil under Freds pillow, you never know !

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If that was Fred's plan all along he would have done it already....

Half of the big top 20 are people he has to walk past as he walks the pooch at Point Piper every night. I don't think he's silly enough to proverbially sh8t where he sleeps.

If the technology is able to be mass produced he stands to make billions, and enrich all those that came along for the ride. Billion dollar question is whether they can get mass production process sorted and done gratis through the kind folk at EM..

AKP Price at posting: $6.20 Sentiment: Hold Disclosure: Held
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