AKP 0.00% $6.20 audio pixels holdings limited

Ann: Half Year Accounts, page-12

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  1. 1,456 Posts.
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    I have been a shareholder in AKP for about four years, have periodically added to my holding and have never yet sold a single share. I am not about to be spooked into doing so.

    Although AKP's product development process has taken much longer that we would have wished, positive progress has certainly been made.

    We now have music being played, albeit not perfectly. We have the Directors' statement that work to overcome the last technical hurdle is the focus of intensive effort by the company and the 'vendor' which I believe is TowerJazz. The recent Directors' Report says, in part:

    "To the extent possible management and the vendor are convinced that the adjustments currently underway will resolve the final hurdle facing the company in producing and introducing our industry altering technology." (My bolding.)

    All we now require IMO is patience to stay the course. In a matter of weeks or possibly months, we expect to see the result of this intensive effort. If the final hurdle has then been resolved, today's share price will seem very cheap indeed.

    GLTAH AIMO
 
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