Longer term views expressed by me are somewhat philosophically based. Whilst we are all in it for personal gain, the collective too must also feel that this is an achievable goal.
I explain. If the collective, this being the shareholder base and would be investors, feel comfortable with the coy they invest in it. If they feel cheated or don't see value - then they don't.
My concern is that the collective are growing very tired of the coys poor commercial achievements and capital raisings. Whilst what you say may be corrct, that is buy when it falls, who is to say that the collective will come back and raise the price back up again.
OK if APG actually do meet their timelines (loose tho they may be), then performance will command attention. But should management continue to fall short (no matter what the reasons) then us long term believers will be left holding the candle.
So, Jawsy, I do think short term SP girations are important in hte grander scheme of things. 353185313813, I think the long term picture is modified by short term happenings.
GC
APG Price at posting:
3.5¢ Sentiment: LT Buy Disclosure: Held
