APG austpac resources nl

how can the company do this to shareholders, page-26

  1. 6,721 Posts.
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    Hi Buddy,

    Ooooh, you sound a little peevedLOL. Using words like "preached" (from now on you can call me Reverend Ron) and suggesting that I owe a response (what the???). Just to clarify, I am in the same boat as all of us, and I have no idea why you think that anything I say is anything other than an opinion, sometimes we're right, sometimes we're wrong, you know the drill.I didn't realise that you were hanging on my every word. OK, to keep you happy I'll refund you double what you paid for it, happy now?(Note to self, put long and detailed disclaimer as signature to tell everyone to consult a licensed financial advisor etc etc, for those that need to be told these things.)

    Regarding the price action today, i am obviously as wrong as you could get.
    As you obviously got it right you would have made a bundle today, good for you, though I fail to see why after making such a motza you should be annoyed in any way. Still, that's your business.

    As for the bit of my post that you quoted I don't see what is so outrageous there, simply pointing out that any competent management would manage announcements to create a bit of a buzz and release the information when the time is right, not necessarily as soon as possible. If the agreed share placement was done on a VWAP basis then it may have been necessary to get the SP up unless you would have been happy to do the placement at say 3 cents.As for the next bit about making the punters sweat a bit, isn't that what we have been doing for the past 3 months?



    cheers and try to stay cool

 
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