APG 0.00% 0.3¢ austpac resources nl

All in my opinion only.....From what I read a few years ago a NL...

  1. 782 Posts.
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    All in my opinion only.....From what I read a few years ago a NL company (like APG) can't force payment of partially paid shares. A PTY LTD company could. I think this is one reason the shares have been treated like options with a ten year term. The fact that the holder of partly paid shares has voting rights attached answers an earlier question I had about why MTs partly paid shares are added to his shareholding in the top 20 list.

    With a LOT of luck APG will get something over the line next year and my 97% loss may slowly move in the other direction. After all, a $.001 increase at the moment is a 100% jump.

    Good luck to all holders and thanks to all who passed on the info from the AGM. Greatly appreciated!
 
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Currently unlisted public company.

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