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!
APG Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held