AOP 3.13% 33.0¢ apollo consolidated limited

the more i look , page-8

  1. 1,413 Posts.
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    Welcome to trading ozyles - it will no doubt provide you with some ups and downs along the way. Make sure you learn as much as you can from each trading/investment decision (i.e. what went right/wrong, money management, risk, when to buy/sell etc etc).

    3-5 bagger/ 10 bagger = making 3-5 times, or 10 times your money. eg buy at 1 cent and the share price goes to 3c, 5c, or 10c.

    Firstly - I hold AOP. That being said - I'll provide what I consider to be an unbiased assessment.

    Negatives
    1. High risk (very)
    2. No 'real' assets yet but will hopefully exercise the option over the mining project in Africa
    3. Country/political risk is high - Ivory Coast with political and social unrest.

    Positives
    1. Appears to be pretty steady around 1c. I'd say your downside risk is minimal, although if the project isn't acquired we are back to square one, with a possibility of it dropping to 1/2 a cent or possibly less.
    2. Ivory Coast unrest appears to be 'under control' so hopefully the worst is over from a political perspective.
    3. In an area close to large deposits and companies such as Perseus Mining etc.
    4. Looking for gold - which is strong at the moment and al indications are that it will remain so for some time.

    I could go on but I think these are the main points.

    If I were you I would ask your friend WHY he recommended AOP to you. A tip is only as good as the source you get it from. Does your friend follow the market, does he trade successfully, has he bought them, why did he buy them, what does he like about them.

    Also, manage your risk - if you can't afford to lose your money I would avoid stocks like AOP.

    Good luck

    Regards

    Doyle
 
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Currently unlisted public company.

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