APG 0.00% 0.2¢ austpac resources nl

apg about to explode upwards, page-3

  1. 1,088 Posts.
    tunay....not sure about your comments on apg about to explode....hope your call is correct though.

    What we are seeing with current trading is simply this -those sophisticated investors that have purchased at 3 cents are now just systematically off-loading their investment at the highest possible return for themselves. These people are professional investors and make their livelihood on sophisticated investment following a calculated strategy to invest. The apg opportunity being a calculated opportunity for short term high return without too much risk. Limited numbers of shareholders, current shareholder investment possibly averaging between 5c and 12c or more, longterm and new holders are convinced that genuine contracts will be produced very soon for the much needed income in 2009, etc, etc.

    In at 3c, out at 3.4c to up to 4c (or more if they can be patient), in a very short time-frame, (12% to 30% margin). They would be more than happy with that result. Great investment strategy - if you have the cash, patience and the ear to the ground and perhaps even with the Company!!!

    Until such time as we hear some positive news from the Company I expect the sp to remain at 3.5c or very close to this mark, perhaps even down a little more. Only on the expectation of pending news will the sp jump. Usually the sophisticated investors, for some unknown reason to us all, will be the first to predict this good news - after all they are so sophisticated!!!

    Current holders needs are quite simple - news is urgently required from the Company on the plant upgrade completion timeframe, honesty about the upgrade cost and how this will be financed, some indication or perhaps even detail on any genuine income earning opportunities and real contracts that we have been promised for so long. Perhaps they are still a long way to finalisation of such contracts, we do understand any negotiations would be confidential....BUT - until holders recieve this news our little apg ain't going nowhere - and that's the truth!

    Why is the company so silent? Is there a problem on the horizon. I hold and will continue to do so - just for those who may be wondering!!

    JAWSY:)
 
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Currently unlisted public company.

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