APG 0.00% 0.2¢ austpac resources nl

what i dont get...

  1. g64
    261 Posts.
    is everything is going well and it is being project managed by a bhp employee (I think)
    by this stage we know the bit that BHP have public stated they are interested in works. the SP is still 9c.
    If I was that guy I would be SCREAMING buy the damn company - give them 50c - its a bargain, blah blah blah.
    I know some of you would scoff at 50c - but at 500% over market it would go very close.
    but nothing. nada.
    I am not suggesting anything is wrong - I am thinking where can I get $350mill - seriously I am really surprised that BHP who must know the potential value are still sitting on there hands.
    just frustrated probably, April now and AND still sub 10c.
    when are we going to see some respect.
    still looking at the depth it could be 10c by the end of next week. DB not ramping just pointing out the serious lack on the sell side for a change. :)
    g
 
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