APG austpac resources nl

20 -25 cents probability, page-20

  1. 5,903 Posts.
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    Hi JoshK1,

    "Going back until July 2009, they haven't announced by 11am (see below). The trend is a bit more undpredictable. The point being, you won't know when its going to happen: its just going to happen."

    But this is supposed to be a big ann, so if APG want to maximise impact, they should do it on a Friday morning, so the papers can report a big jump in price, etc. to create a good story. This is not supposed to be just an ordinary ann like the previous ones.

    "There's also a good chance the jump from the announcement has already been factored into the stock - hence the jump despite no news."

    But they've been working on this for ages. If it is a nothing ann, then holders have been seriously misled.

    "it's definitely not a ST Buy for newcomers."

    Uh-oh. That's me! But if the ann suggests steady increasing LT prospects, I'd take profits but keep some shares with APG, cos it does look interesting.
 
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