APG 0.00% 0.2¢ austpac resources nl

17c....rubbish...try 8.5c

  1. 929 Posts.
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    17c.....What a load of rubbish!

    This truley is insulting the intelligence of shareholders. It was done at 8.5c, and diluted with the $6m licensing payment the dilutive value is closer to 8.3c right now.

    You think that $6m was payed for no reason?

    It is payment for the license. If this $6m was not made, would APG expect a payment from a group to license it? Of course they would.

    To try and palm this off as really paying 17c per share and not thinking of the $6m as a licensing payment is the most ridiculous thing I have heard!
 
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