Guys - please think about this.
The 5 mil deal with BHP has been known for ages. Today was issue day - that's all. OK some extra info came out but not really all that unexpected.
Also, there is plenty of stock out there that has been bought at levels nearly 10X less than todays SP within the last 10-18 months. After 1 July I can imagine plenty of shareholders existing to free up capital to persue other interests whilst APG is progressing towards commercialisation.
I think the SP will hover around these levels for a while, perhaps even revisit 12c to make sure that support exists there. With the future being bright, I cannot see the SP falling any further, but plenty of strange things can happen.
Nothing measurably new was announced today!
GC
bhp buying at 20 cents, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)