APG 0.00% 0.3¢ austpac resources nl

Any SPP takers?, page-9

  1. 1,505 Posts.
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    hi guys  
    u812/ nb1 here
    so sad to watch this company sink
    in 2015 i saw mt dig himself in for a further 2 yrs
    i was lucky to get out at 1c no not clever lucky
    put that money into bgl with my broker Steve hepenstall to buy bgl @15c now 60c and experts are predicting 2 dollars are they right?
    i dont know but if so my investment goes up 15 times hence the equivalent if 15 /share apg

    it wants to make me vomit all moneys raised go to pay ridiculous salaries
    has mt finished
    not yet  watch the fees sucked out with consultancy fees
    i have tried to hang back but this is too much
    earnie has kept hope alive 
    dont blame him he has been stooge by the company and i would think lost millions

    in hind site the gfc was great for me 
    it forced me to sell shares on the way down money i would have lost any way
    so many of my friends and relos i got into this rat trap have lost big time

    guys talk to your accountants 
    my understanding is
    if this goes to the wall you will be waiting years to claim your loss or capital loss as the receivers wind the company up
    and what will you get after they take their fees and pay out employee benefits

    my opinion SELL NOW while you can but that is an opinion not advice
    i could be wrong dyor
 
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Currently unlisted public company.

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