APG 0.00% 0.2¢ austpac resources nl

apg ann...profits to commence...! , page-21

  1. 653 Posts.
    Hi Seik and others.

    Personally I wasn't too upset by the report. I judged that profit would start around the coming September. The only concern I really have is finances. My reading of the details suggests to me that APG will need money before then so we are probably looking at more dilution and if people lose faith or need to sell for some reason then the price will fall still further meaning the dilution will be even more significant. I'd love it if someone could point out to me where I've gone wrong with this assumption.

    Tez.
 
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