We have seen this type of action before. I have no doubt certain large individual holders buy and sell when prices are elevated to create some hysterical selling. This is how they make their living, and they do it very well. Creating panic makes good profit!
On any version of the current fundamentals, how could a sell for a medium/long-term holder be justified? KRONOS has set a basement price of 0.085; the plant is now funded; and the forthcoming EGM will formalise Kronos' position as our No.1 shareholder and major investor. Add to that the imminent WA Sup Court decision - in which we have a strong chance of a $5M judgement (with costs?)in our favour - and the current dips seem less worrisome.
Keep the faith
APG Price at posting:
6.7¢ Sentiment: ST Buy Disclosure: Held