APG 0.00% 0.2¢ austpac resources nl

newcastle plant, page-47

  1. jwt
    3,769 Posts.
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    Stickybeak, I fear you might be right re a raising. Was at the registry yesterday for a stickybeak and was dismayed to see a large sell down by an influential shareholder. This was offset by some significant moves upwards by others. Regardless, it left me somewhat on tender hooks. There has been no sell down by staff; but that in itself is not much to go on given there are serious fines for directors selling on inside info. So perhaps our shareholder has sold to buy back in and therefore insure any raising is a success. I've no doubt this has happened plenty of times before, and I admit to participating myself. So I don't begrudge the action. But there may not be a raising, which leaves me with some lingering concerns. Having said that, there are all sorts of reasons to sell into June 30. TJ, to answer your never ending or answered question, you need 6 mill to get into the top 30. A new party appears to have moved into 3rd place; always there but appeared to have been seriously buying. Mr F G good to see you still there and upping the ante. Always value your posts. Beyond that, quite a few new names in the top 30. cheers jwt
 
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