Hey Guys,
just taking a look at how things are going with APG.
I remember owning them around 7 or 8 years ago when they were buidling this plant in Newcastle. I can't believe it may almost be there!
Back then I bought in at 12c and it had a run up to 20c. Sold and then bought back as it came down again and sold out at 9c (I believe it went back to about 2c?).
Back then when I bought it at 12c I think BT (Bankers Trust) had a 52c price target on it.
So, the question is whether I should buy back in after all these years. I must admit, I was scathing on management. While MT seems like a lovely bloke, I always thought he really lacked contacts as many bigger players came and went just as quickly in their association with APG. Admittedly, the Indian's continually stuffed thm up as well.
Anyway, I look forward to see how they go. Can anyone provide me with an indicatio when the plant is expected to be operational?
Thanks
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