I agree with all you have said but why do you think the sp is so low, 1.7c as I write this post.
The GFC is a long way gone so that's no excuss any more.
The plant will be completed and operational with income presumably flowing, all within a few months now, so again why such a low sp?
It would appear the majority on this site agree the sp should rise to 6c, 8c or even 10c following completion, so again why so low now.
Something is surely amiss. Is it the Kronos legal action? Although everyone appears to have dismissed that one as more of a long term problem that will not effect or delay the completion or operation, so again why such a low sp?
At what stage do we see a rise in the sp? This is certainly the million dollar question?
Cheers to all.
JAWSY:)
APG Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
