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Hi guys,
I sold out recently after the insider selling from both APD and the director. Didn't make sense to me for them to sell at such a low price if the recovery scenario was in play. I was hesitant to post a negative but decided to today because the facts have changed and it's still trading so still possible to exit for any who need the money. From my point of view now the banks have it by the [content moderated] and they aren't known for their generosity. Price is just too low for a cap raising to have much benefit and equity would be effectively wiped out. I see it as trading as an option now and that's all it is. Still could go either way, but equity holders are the lowest in the food chain. All the best to everyone, of course as usual this is simply an opinion not advice and dyor.
regards,