In my view quite an expected result. Lets look at it.
1. Dilution of shares 2. Release of technology without upfront payment 3. Release of technology without specifications on timing and value of licence fee 4. In the absence of payment technology could be mothballed. No guarentees at all. 5. While we wait for licence fees to roll in the technology depreciates, that is the value of our investment in APG depreciates wihile the world keeps turning around (i.e. inflation cpi reduces our buying power while money locked up in APG).
Sorry guys that's why the SP has fallen. Deal's are great but there's no performance criteria specified nor is there an indication of value. Still WAY too much uncertainty for the average punter to understand what's going on.
GC
APG Price at posting:
0.0¢ Sentiment: None Disclosure: Held