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There may be an arbitrage opportunity here. Closed on ASX at...

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flight11

3,968 Posts.

787

06/07/16

17:34

Post #: 18208462
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Originally posted by hanktanson ↑

On a side note OMEGA, any suspicion that AKP is not the good is always welcome by me. The story seems to good to be true, and usually when that is the case, the story is not true.

We don't have much info on AKP all in all, and there is a trust element here. It could all be smoke and mirrors, and that worries me, but if AKP does what it says it will do, I don't need any IV calcs. I know it will be worth much more in the future.

Fred Bart accumulating gives me confidence, his family accumulating gives me confidence. But, until there is a bird sitting in my hand, I will have doubts about AKP. I hold shares and hope my doubts are proved wrong.

With the volume of turn over daily, it would take insiders a long time to sell their position, so thus far AKP has not acted like a pump and dump stock.

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There may be an arbitrage opportunity here. Closed on ASX at $A25.50, but the last sale in USA was only $US15.40. At around $A1 = $US0.74, you work it out.

AKP Price at posting: $25.50 Sentiment: Buy Disclosure: Held
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