APG 0.00% 0.3¢ austpac resources nl

Share price has decreased 90% in the four months post the deal -...

  1. 133 Posts.
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    Share price has decreased 90% in the four months post the deal - this is how a board can (and in this case did) destroy shareholder value - you don't enter agreements where the counterparty gains more when the price goes down - BASIC ERROR committed by APG - true they've got the extra money $.5m but nothing has yet to be achieved - apart from dissuading professional investors from trusting the board again
    Last edited by clacko888: 10/06/18
 
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Currently unlisted public company.

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