apg - bright future MMM...silly buggers...I bet it is the same person who put the 600k on at 7.3 earlier this week and cancelled it.
I must say after attending the AGM and listening to the APG consultant who negotiated the Iluka deal with APG and has been involved as a consultant for Iluka, Ticor, Kerr Mcgee and others I am very very confident.
He said the Managing Director Michael Turbott "is being extremely conservative about what he has told shareholders about the potential of the company and about the potential transactions that are in discussion and being negotiated"
He also said he believes APG has turned the corner, the likelihood of a substantially higher shareprice within a six month period is almost gaurenteed and the company will be re rated very soon. H esid there is great interest in the technology by a number of large companies.
He further commented on the fact that he would like to purchase shares but as a consultant is privy to too much information and is not allowed.
His comments were mainly directed at a Morgans Stockbroker who attended the AGM. The consultants business card was then given to the broker...I found that all very very intereting!
Great meeting, positive attitudes by all and a day that has finally shown shareholders that the future is a bright one.
Cheers
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