APG 0.00% 0.3¢ austpac resources nl

Ann: Shareholder Update - Bergen Converting Notes, page-11

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  1. 1,505 Posts.
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    bt
    lets help you out with that
    if when the price was around .4c
    and apg offered to let you have 100million shares @.1c
    but you only want to risk buying 50million shares at a time
    and you know there are many buyers @.4c
    so with your 50million shares you sell in to the buy side 13 [email protected] now you have
    all your money back +37million free shares
    you sit and wait for price to recover
    then buy side recovers millions wanted @.3cents
    so you sell into this another 17 million shares
    you still have 20million free shares+ some pocket money
    with your ill gotten gains you also have
    enough money to buy another 50 million shares

    total 70million shares at nil cost
    now sell into the market periodically @2.5,2,1.5
    now if you have to bail @.1c you are still making big money
    i have used much smaller figures than bergen numbers
    to keep it simple
 
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