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tudor,

perhaps the devil is in the details of the Cornell equity raising, which will dictate the future market on APG:

"Shares issued under this facility in future will be priced at a discount of 2% to the lowest daily volume weighted average price of Austpac Resources N.L. shares traded on each of the ten consecutive trading days which follow a placement request by Austpac. Commission of 5% will be
payable at the time of each issue."