APG 0.00% 0.3¢ austpac resources nl

Ann: Quarterly Report to 30 June 2018, page-20

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  1. 2,330 Posts.
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    Poor old MIke in the firing line again again.Failing an immediate injection of sufficient funds I dont think anyone can get this off the ground.

    Maybe Colin is a key man but how many times have I heard in the past that the latest member of the management team will get them out of the crisis !!! too many times.


    Situation is, aging unused plant, no money, and ahare price rock bottom. Things can,t get much worse, and only a miracle can save them in my opinion.

    I dont know what possesses these Professional investors to take up shares but then again we have to be grateful that there are a few believers still around. Saves the alternative.
 
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