APG 0.00% 0.2¢ austpac resources nl

a sound risk management approach, page-9

  1. 929 Posts.
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    This stock will not re-rate until they actually begin generating revenue.

    Management have a major credibility issue. For a long time they have over promised and not delivered.

    I don't believe he market really cares about what they have to say. The market is at the point where it needs to see the revenue before looking to buy in.
    I think it is as simple as that!

    On a bright note, the way the share price is going, management will be able to allocate themselves more shares at a discount without having to pay for them.

    Shareholders should not complain, as they have been more than happy to agree for this to happen as MT and the crew have been doing a fabulous job over the past 15 years.
 
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Currently unlisted public company.

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