APG 0.00% 0.2¢ austpac resources nl

my take on the agm...positive, page-49

  1. 872 Posts.
    re: bhp rights issue Hi Earnie

    I am a bit puzzled by what you mean by APG being independent. Seems to me that even if APG raise the money for the plant a takeover is always a possibility, and if APG did decide to go this way then it could even provoke a takeover move by BHP or another company.

    I would be interested in a rights issue to fund the plant though. I can also see a lot of advantages in getting BHP to take up the 60.000 or so shares to fund the plant - this way APG could delay a takeover and give the company enough time to fully prove the technology, and this would then make APG worth a lot more $$$$ imho.

    Cheers
 
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.