APG 0.00% 0.2¢ austpac resources nl

would you accept a 10c takeover, page-13

  1. 1,436 Posts.
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    OB1,

    No worries champ. I tend to disagree obviously, mediocrity has been accepted for far too long, and it's because of people like you who are happy to sit back and let it happen.

    I'm sorry, I don't mean to be rude, but when I invest in a Company I want to see a return, as yet, nothing has come. It is not because of lack of patience or time either. You want your money working for you, not sitting idle providing negative returns.

    You can sit back and preach how well everything has gone, and go with the annual "this year is going to be great" speech that comes out this time each year, but bottom line is this, you and I and others have invested our hard earned into this company and have done for a long time, to date, we have received NOTHING back on our investment. There is only one way this can be measured and that is against the value our investment now as compared to when we invested, it cannot be justified by saying "oh but we have done this and that and this and we are lookign good. Look at the bottom line! Now you may have a lower entry price and and so be it, for me, avg buy of 7c. I believe in the Company and its technologies, hence why I hold, but I maintain that management are lacking in an ability to negotiate with bigger companies and get deals done.

    A 10c takeover, a 12c takevoer offer....bring it on. 100-150% above current price, im happy with that and don't mind saying it. A bird in the hand...

    Meanwhile, it will be 2020 and you will still be happy with the price at 5c because things are still progressing amazingly well and the Company will be in advanced negotiations with many interested parties :)

    Cheers
 
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