APG 0.00% 0.2¢ austpac resources nl

Just over a month ago the stock was 8c and people were saying...

  1. 1,434 Posts.
    Just over a month ago the stock was 8c and people were saying nothing will happen until July/August.

    Since then the sp has gone up 50%! Not a bad return.

    But why?

    Oversold.....yes but is that the reason?

    Good quarterly....yes but is that the reason?

    Better market....yes but is that the reason?


    We should never under estimate the skills of our management and we should never assume WE KNOW when the next announcement is due....ie July/August.

    I am pretty sure that those who want to buy but think they can wait until July and Aug for news WILL MISS OUT!

    I am confident of great news in the next FEW weeks
    and that those faithful holders will eventually be rewarded.

    APG has numerous technologies that can add value and millions of dollars to many of the business operated by BHP.

    The question is who wants them and who will get their hands on them? With Multiserve breathing down the neck of BHP it is a matter of time before one or the other make noises.

    With that 8 to 12 very short term must have been expected as is 20 - 30 cents.




 
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