APG 0.00% 0.2¢ austpac resources nl

topped up today, page-3

  1. 4,618 Posts.
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    Tez

    If history repeats itself, the placement will be to a sophisticated investor AND this placement has ALREADY happended.

    May I suggest that the agreement struck between APG and the Sophisticated investor was a volume weighted average over 5 days ....... Hence the recent sell down to 2.8c???

    I speculate and could be wrong. Happy to be so.

    My timeframe is a minimum 6 months. A 0.5c fluctuation now is insignificant to a substantial rerating in 3-6 months time. If it falls by this much prior to upleg then I might even buy a little more. But what if it doesn't go any lower?

    As I said best reward vs risk I've ever seen in APG for a long time.

    GC
 
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Currently unlisted public company.

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