Yeah fair call, it doesn’t make a lot of sense to me either. I actually figure that this would indicate it’s more of a case they haven’t picked up on the positivity in this thread than the other way round.
TBH I haven’t understood any selling of this stock (sub 10c) period over the past couple of months given the clear plan that’s been mapped out by management and the associated NPV of the project. I understand that at 12c there’s now going to be people looking to offload some/ all holdings with a healthy profit % from the mid 7s of only last month, which is why it’s pleasing to see prices stabilize for now, but either way for me it’s a hold and hope the reward outweighs the risk.
APC Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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