I've been idle for a while on the 5 grander but finally decided to invest my $1,001 cash into AKM (Aspire). I hold a lot more in my main portfolio but saw the opportunity to put the 5 grander money in as well.
Bought just under 55k in shares at 1.8c and although it dipped to $1.6c currently I saw tremendous upside in the medium to longer turn. It is tightly held by their top shareholders including a significant $10m cash injection by one of their main shareholders, recently approved at the AGM so coming in the next short while, at a price of 2.1c so I see anything under 2.1c as a low risk high reward opportunity (relatively speaking for a spec stock .
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5 grander 18/19, page-85
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