Allrightonthenight, u wrote "I for one believe that a consolidation may well be a worthwhile idea 1 for 5 or something to get us out of this penny dreadfull status once and for all. "
If there was any suggestion at all from management that they were even contemplating a consolidation, i & many others would be gone. nb1 is right; consolidation would achieve the opposite effect to that you anticipate.
I can well understand your frustrations with the current price. However r they not currently building the 3000tpa plant to demonstrate to the world that we r not any longer a high risk stock? Do we not have BHP as the largest shareholder? Did they not pay above market to get on-board?
The grass may look greener somewhere else in the market, however sometimes when u get there; it is brown.
Rather than trading at these current levels as some ningnongs r wouldn't it b better to be accumulating? Completion of the plant only end of this calendar year if not earlier?
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held