APG 0.00% 0.3¢ austpac resources nl

Just caught up on AGM – Managing Directors presentation and...

  1. 117 Posts.
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    Just caught up on AGM – Managing Directors presentation and Hotcopper posts.

    Not much detail in the dot points released from Mike Turbots presentation.
    So thanks to those (especially RabbitTrap) who posted all that extra information about what the directors said at the AGM.
    A pity a bit more of this verbal information from the directors didn’t make into APGs written release – not all APG shareholders read Hotcopper.

    So after taking all this in – I am not sure that APG’s situation has changed much.
    APG is now waiting 2-3 months to get someone to give them some more money.
    IF APG get this money, they will commence a 6 month testwork program.
    IF the testwork program is successful, then APG can market this – to try and get some more money.
    And around it goes.

    Interesting to read the opinions on HC about APG’s future shareprice.
    False9 says – “5c plus in possibly 3-6 months ”
    Karlene offers another possibility - “Expect price to cool off and should it drop to 0.5c just might be tempted to take another serious plunge.”

    Investors must make their own decisions – based on the information at hand.
    APG directors have all the information at hand – and they are not buying APG shares.
    Directors are allowed to buy APG shares within 3 weeks of an announcement eg the AGM.

    Wilcox
 
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Currently unlisted public company.

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