APG 0.00% 0.2¢ austpac resources nl

Ann: Shareholder Share Purchase Plan, page-2

  1. cyw
    3,305 Posts.
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    What do you guys think about the SPP?  MT is not the MD any more and hopefully we can find a responsible director to replace him and help to steer the company to prosperity. There was no mention whether they are going to find the replacement internally or externally.

    Somehow the company has to re-capitalize to move forward, hopefully getting the demo plant completed and working the highest priority. I am a bit reluctant to throw good money after bad without knowing who will take over and whether I have confidence in him or her. I hope the new MD will be known before the SPP closing date.
 
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