APG 0.00% 0.2¢ austpac resources nl

newcastle plant, page-44

  1. 161 Posts.
    812
    I gave you a TU but it got knocked off.
    A few years ago there was an independent valuation of the intellectual assets of APG at 12c/share. Since then the shares have been diluted BUT the value of the property has increased with further patents.Also they won the award for their Technology,so it probably balances out.
    There is always great difficulty in getting people to accept new inventions/technology.
    I like woodwork and have a Triton Workbench. The man who invented it tried everywhere to sell his idea,without success.
    He decided to make them himself. He showed it on New Inventors and was flooded with inquiries. He later sold out for $400million.
    When Newcastle is up and running and APG is able to demonstrate it's viability and be able to generate interest then that's a new ball game.
    Maybe there is going to be an issue. In which case I could envisage a large investor selling some of their holdings to buy into the new issue or the Company has or will find new ones. Promotion of the technology is of prime importance at the moment and shareholders should be appraised of any action being taken by the Company.
    One must not forget Australia is enduring a difficult time atm.( I know I am having a difficult time with my ATM)

    News?....any day now!

    Wait,stand firm for the Profit's coming is nigh...James.
 
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