in the sixes , page-5

TJ,
Funny you said that. It is actually traders like yourself who would jump on the bandwagon when there are rumours (or widely known expectations) something good is happening and then bail when the fact happens and is astonished to find that the share price did not go up 200% overnight, that is causing sharp and quick share price movements around the time of a major announcement. It is not a characteristic of APG but rather of the market. Of course, there are all kinds of investors making up the 'market' and no one trading stratey is correct or incorrect.
Once these traders bailed the share price will stablise, waiting for the next deal.
Lots of things can happen but now the opportunity outweighs the risk and I think it is time to buy, not to sell.
Now that we have adequate funds to complete the plant, the main risks would be the 'motherhood' risks such as natural disaster, key people leaving the company, new and better technology developed by competitors, the steel and pigments industries suffer major down turns etc. And of course, where the hell are those bloody valves (LOL)?
However, there are real and present opportunities that would cause the share price to go up:
1. All gaps are closed (on chart) and sp bouncing off a heavily oversold bottom;
2. WIM decision;
3. Companies other than Orica and CMC get on board;
4. Kronos successfully implementing APG technology;
5. Kronos interested in getting licences for ERMS and synthetic rutile technology;
6. Other pigment or steel companies following Fronos footsteps to get APG EARS licences;
7. APG invents some new technology (say converting TiO2 to metal at a fraction of current costs);
8. Favourable broker/analysts reports or recommendations;
9. APG announces plant upgrade project ahead of schedule and below estimated costs (OK, a bit far-fetched here);
10. A takeover offer?