“ Hey Clacko
Congratulations on your 2 bagger. Well done !!
It is great that ordinary shareholders who paid 0.6c in the Shareholder Share Purchase Plan have the opportunity to take a good profit.
So, congratulations again if you have taken a profit. But, if you are still sitting on a paper profit then perhaps you should be careful.
APG has never been a good investment for long term investors. Just look at a long term chart. But there is money to made from APG in the short term – if you understand how the game works.
Sasa (4/8/16) wrote a really good post on this. You might read it again.
The game is to - sell the sizzle and not the sausage.
DELELETED PART
But eventually the sizzle evaporates.
When people actually get a good look at the sausage – they realise that it’s sawdust and not much meat. Or the sausage never makes an appearance.
And the shareprice goes back down.
Yes Clacko – I honestly do think that APG will be needing more cash in the next few quarters.
But I am sure that Sophisticated Investors (SI) WILL support any capital raising. And this is another part of the APG game.
As soon as Nick Gaston starts ringing his list of SI, to see who will buy and at what discounted price – then the APG shareprice will start to go down.
Some of these SI (Sophisticated Investors) with knowledge of the coming share raising, will become SI (Selling Insiders) and the shareprice will fall.
So enjoy the run while it lasts. If it lasts.
.
Wilcox
Clacko is there another chatsite or email posting that you are getting APG info from? “
APG Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held