APG 0.00% 0.2¢ austpac resources nl

Ann: Shareholder Share Purchase Plan, page-3

  1. 157 Posts.
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    Another APG SPP 
    What a farce - I dont know whether to laugh or cry !


    APG has run out of cash - and the directors are again asking long suffering shareholders to come up with more funds to “ finish the plant.”  825 million shares to be issued at $0.001 to raise $835k

    But before the directors tap shareholders - what about the directors recovering the $375k that is still unpaid for issued shares.
    Nick Gaston’s company Notsag still owes $375k from back in FY18 - but the directors dont seem in any hurry to recover these funds.

    Wilcox
 
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Currently unlisted public company.

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