APG 0.00% 0.2¢ austpac resources nl

how do we grow the share price, page-18

  1. 409 Posts.
    Allrightonthenight, u wrote
    "I for one believe that a consolidation may well be a worthwhile idea 1 for 5 or something to get us out of this penny dreadfull status once and for all. "

    If there was any suggestion at all from management that they were even contemplating a consolidation, i & many others would be gone. nb1 is right; consolidation would achieve the opposite effect to that you anticipate.

    I can well understand your frustrations with the current price.
    However r they not currently building the 3000tpa plant to demonstrate to the world that we r not any longer a high risk stock? Do we not have BHP as the largest shareholder? Did they not pay above market to get on-board?

    The grass may look greener somewhere else in the market, however sometimes when u get there; it is brown.

    Rather than trading at these current levels as some ningnongs r wouldn't it b better to be accumulating? Completion of the plant only end of this calendar year if not earlier?
 
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