Yep, more recently they did it with HAV when they were trading at 30c. Once the Bergen ‘deal’ was announced, the stock got sold off to 20c. Fortunately for me it was a stock I had on my radar to buy.
HAV have had a series of good announcements which has pushed the price back to 29c. So now it will be up to APG to do likewise. Hopefully there is some meaningful news for shareholders which will see a reversal. IMO I wouldn’t be holding your breath. I’m just stunned with the belief held by long term shareholders (and I’m talking 10-15 year holders). A classic behavioural finance example.
APG Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held