It fascinates me to see someone holding this stock being so negative. Alterior motives perhaps?
My dreadful penny's worth is that everyone who believes in the company is already set in terms of share holdings and is not prepared to get more. Then there are a few traders taking a bite every now and then. This leaves a few nervous nellies and newbies who cannot stand the heat. Of course there are some very large holders and I have not seen any of them making a beeline for the door.
The low shareprice is due to the above, but also I am sad to say the many broken promises over the last few years. Regardless of the reasons behind these failures to deliver this is the main reason why we are where we currently are.
Come production and cash flow I expect a very rapid re-rating.
Cheers, IHS
APG Price at posting:
1.7¢ Sentiment: LT Buy Disclosure: Held
