APG 0.00% 0.2¢ austpac resources nl

APG 1.5c - what?!!?

  1. 1,434 Posts.
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    Hadn't checked on price and buying support for a while and my god....it's a war out there.

    How on earth is APG down to 1.5c?

    I mean, some of us called it, but the army said funding and huge deals with majors were imminent?

    I'll certainly be interested to see if Turbott & Co are able to come up with something prior to the AGM. If not, it will be interesting to see how Turbott talks everyone into believing that big things are close and that this will be THE year for apg.

    I said a few months ago there is every chance this stock could be pulled from the market at any time for being insolvent. Do other people now thing this is a chance of happening? Turbott has kept things going for so long, wonder if he can eek out a little more from investors. At 1.5c...if you've got some gambling money to have a crack with....might be worth a shot at these prices. Purely for the short/medium term, I would never condone holding this stock long term whilst the current management are in place.

    Good luck to all holders.
 
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