APG 0.00% 0.3¢ austpac resources nl

This is my virgin post after 13 years of Apg ownership, a $120k...

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  1. 1 Posts.
    This is my virgin post after 13 years of Apg ownership, a $120k potential loss and seriously depressed by APG mismanagement.
    I will not put in another cent (for 10 shares) when there is no plan. 
    Sure, MT has resigned as MD, which is a good start, but what next- is there a new MD? Are we heading in a different direction? Are we sticking to the old plan? Is someone going to tell us which way we are headed? 
    A massive dilution of the share register at the very lowest possible price, when there are millions of shares available now on the market- unsold at the same price, seems to have a ridiculous chance of success unless someone sells a story to the existing shareholders.
    I hope the Directors of APG get this post and start doing something different- and positive

 
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