I personally do not mind if they keep the distribution for the next couple of quarters if it helps consolidate the company - I would though only be happy if they take this opportunity to sort out the ridiculous remuneration they paid their CEO
I would also like to see some clarity come back into the equation - their last few announcements have been in my view very poorly written and provide little for people to be able to work out where we are headed
Here's what i think
Next quarter no distribution - share price hits 28 cents on this news - becomes a screaming buy at these levels - recovers to be in the low thirties
Institutional Placement which I believe would not have happened under the old CEO or at least would have been difficult - between 30 and 50 million at 25 cents - share offer to existing shareholders
Distributions are wheeled back to 3 cents a year and they will say this represents good value on a 30 cent share price - but very piss poor for those who bought at 42 cents - and the distributions will become 6 monthly
The underpinnings of this stock are still sound from what research I have been able to do and the approach of the new directors has been very conservative - this company will take some time to mature and now with the bad stuff written it has to be an absolute no brainer take-over target
Clyde
Please do not take this as any sort of recommendation or advice - just my thoughts
- Forums
- ASX - By Stock
- APZ
- guessing competition re ditributions
guessing competition re ditributions, page-3
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APZ (ASX) to my watchlist
|
|||||
Last
$2.11 |
Change
-0.020(0.94%) |
Mkt cap ! $422.4M |
Open | High | Low | Value | Volume |
$2.12 | $2.14 | $2.11 | $39.98K | 18.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2572 | $2.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.14 | 9593 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2572 | 2.100 |
2 | 5397 | 2.090 |
3 | 33424 | 2.080 |
1 | 245 | 2.070 |
1 | 2427 | 2.050 |
Price($) | Vol. | No. |
---|---|---|
2.140 | 9593 | 1 |
2.160 | 4494 | 1 |
2.170 | 13919 | 1 |
2.180 | 40000 | 1 |
2.190 | 457 | 1 |
Last trade - 15.49pm 12/09/2024 (20 minute delay) ? |
Featured News
APZ (ASX) Chart |