APG 0.00% 0.2¢ austpac resources nl

Still Holding

  1. 411 Posts.
    lightbulb Created with Sketch. 2
    APG did not fall as pommie suggested it would to follow the share placement. Sure, it is dissapointing that the company has diluted it's share base by adding more but it is NOT going broke like many have feared. The fact that it has secured more funds to continue forward must be a positive sign to those that had lost faith. I believe that is why there has not been a further fall due to the announcement of the placement.

    I still hold and in fact have added to my holding last week (pity no-one asked me if I wanted a share of the placement!) .

    Cheers,
 
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.