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Absolutely. At some point you have to say enough is enough....

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1,751 Posts.

148

02/06/24

12:05

Post #: 74123828
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Originally posted by Stickshift: ↑

"I am also assuming that ASX has been appraised more fully of the ongoing efforts the company has been pursuing to get its product finished and to market. I also assume that their story has enough merit to at least permit some latitude for understanding."We differ significantly in understanding the ASX's role; it's not to lend a sympathetic ear regarding business progress (even if it was warranted), it's to enforce the listing rules.

AKP will not have won many friends within the ASX over the years of making broken promises to the market, believe me. AFR continually brought the embarrassment of AKP to national attention: that forces the ASX to act.

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Absolutely. At some point you have to say enough is enough. Their announcements have become the laughing stock of the ASX. Bart and co have clearly been stretching the rules for a long time now. The ASX won't let this go on forever.

AKP Price at posting: $6.20 Sentiment: None Disclosure: Not Held
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