This placement was started straight after Christmas when the sp was 3.3c.
When I rang APG they said the Kronos deal should remove the need for further capital raisings but in the interest of good safe business until the kronos money hits the bank account it is business as usual.
I would have to agree.
APG or any company cant afford to run down cash on a promise
APG said the timeframe for Kronos of a couple of weeks or so hasnt changed and we should be very pleased with the announcement.
Cheers
APG Price at posting:
4.1¢ Sentiment: ST Buy Disclosure: Held
