According to the 2015 Annual Report Kronos is still the #1...

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aussieyank

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02/05/16

12:58

Post #: 17651872
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Originally posted by acecant ↑

Mate you are delusional. Where do you get this 3c from? You seem to think this is a 10 bagged from here.

The company is on its knees. The last 15 years they have been trying to complete deals. I cannot see any reason why they are going to be successful now. There is little doubt there is a question mark over the technology. I just don't think it is as essential as what people on here think it is. If it was, they would have had the funding years ago and it would be complete. It's not. No-one seems to be willing to fund it. Any why? Because it obviously isn't valuable.

Kronos had a look under the bonnet and didn't take long for them to get out and start proceedings against APG. They haven't been back so ask why did this occur? Did they find they were wasting their time and money based upon info which may have not been 'right'.

My view is that any company that takes MT's call is announced as an 'interested party'. Sometimes to need to look back to understand what is likely to happen going forward.

Now, how many times has MT spoken about impending deals and interest? Plenty and it keeps shareholders in check and amounts to zilch.

This company is going nowhere and simply chewing up shareholders cash. And as long as there are existing shareholders who feel they are already in too deep, they will have a lifeline until these shareholders cannot tip any more money in.

The next move will be a share consolidation, and then you may see 3c under a 1:10. They will then try and raise cash at 3c and the share price will drift lower.

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According to the 2015 Annual Report Kronos is still the #1 shareholder with over 5%. Did they really "get out"?

APG Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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According to the 2015 Annual Report Kronos is still the #1...

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