Ann: Resignation of Director, page-32

First 32 Last

Share
Profile

Follow
cyw

2,326 Posts.

19

15/02/19

20:52

Post #: 37454661
Share

Originally posted by acecant: ↑

wow you’re going quite a few years back bringing up BHP.
Maybe a moment in time they thought it may be worth a look but quickly ceased participating in any further placement. I’m sure once they had a good look under the bonnet or a new technology came into the scene they simply let it go.

I would be absolutely shocked if anyone participated in the SPP. There are offers on the screen at $0.001. Can’t get any lower than that. If you wanted to the company some hope you would be buying up the $0.001 on offer and adding something on the bid.

They shouldn’t be trading in the ASX right now. Should be in a trading halt until they re-structure and find some money somewhere. Could take months but so be it. Once they announce (if in fact possible), someone who who is willing to put a few $$$ in it, they should then open up the SPP.

Im still flabbergasted they are doing a SPP at $0.001 when there in no-one on the bid. Those of you who throw $$ at it in the SPP will likely see your funds eaten up in admin costs because they will only raise enough to cover a quarter of costs.

Totally unfair as the very few breathe a little life into it for other existing shareholders who don’t participate and have nothing more to lose. Hopefully, if APG don’t raise anything reasonable they at least give those who participated their money back.

Expand

It was a long time ago which corresponds to your "a very long time ago".

Nobody is going to pay them tens of millions of dollars to look under the hood. They have engineers on site for months understanding, observing and testing before they were committed. I believe the technology works and is good, only the people #$%^ed it up.

APG Price at posting: 0.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

EUR

European Lithium snaffles prospective Irish project

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 10 more messages in this thread...

First 32 Last

Add APG (ASX) to my watchlist

Ann: Resignation of Director, page-32

Top Stories

European Lithium snaffles prospective Irish project

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Featured News