Those who hold shares don’t seem to be concerned with the new arrangement. None of the note holders refused to agree to the extension, which I see as a vote of confidence in the company.
On 25 September (the date of the last announcement) the FAB engineers were already consulting with the AKP engineers about the adjustments to rectify the process … maybe we will hear in a month that the issue has been resolved. I take it that getting the wafers right is the key challenge and that the ASIC controller and packaging are more mainstream and much less likely to require revision.
AKP
Price at posting:
$6.20 Sentiment: Buy Disclosure: Held
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