I would be extremely surprised if retail gets a look at this.Two...

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brick6

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20/05/24

14:21

Post #: 73915013
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Originally posted by Bluemanarc: ↑

I am waiting patiently for the Capital Raise and I hope the existing shareholders get some kind of preferential treatment.
Option in particalar is what I am thinking.

I have not been happy with AKP offering only prefered investors (mates) to provide finance, at reasonable rates, and get a whole bunch of options to boot.
I have about 500k ear marked for this, and I am sure a lot of other shareholders are keen to get more involvement.

The time has come to give this thing a real push and get the thing launched and let the rocket take us to the moon.
They have 3 irons in the fire, not long before one of them delivers.

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I would be extremely surprised if retail gets a look at this.

Two reasons one is how retail is being treated by management, you can almost feel the distain.

The other is a comment made on here by another poster that seemed to be in the loop that the raise would be a cornerstone investor.

Working on this premise I got my fill before we went into suspension. This is a zero or hero play in my mind.

Question for me is we "had" -.051 Q of cash then we are likely out, is Fred kicking in loans to keep the lights on?

The AGM needed to be within a year from the last, clearly that's not happening so have the ASX given them an extension? If they have is this material info? Does it matter as we are suspended..?

Guess time will tell.. Maybe June

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

1 Great analysis

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