APG 0.00% 0.3¢ austpac resources nl

Worth a punt?, page-3

  1. 1,257 Posts.
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    Hi Inimitable

    I think it is a case of irrespective as to what some think or don't think about management any announcement should see the sp go for a strong run. That is pretty much the case with any stock at this level as 100 - 500% can be achieved easily with news.

    As they are apparently working on four transactions and from what I gathered docs were being prepared for one or two of them then one would assume news is out soon. When.... the sooner the better as far as I am concerned.

    Obviously some 40m shares were traded between .03 and .05 over the last two months so no doubt some will be wanting to take a profits.



    Cheers
 
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