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61.0¢ apollo consolidated limited

Good points. The cap raise at 21c I feel was in poor timing....

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rubitron

195 Posts.

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26/02/20

12:29

Post #: 43161070
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Originally posted by Croesus1 ↑

whats the point of giving cheap shares to brokers and their mates if they dont lift the share price up after getting them? The shares were trading as high as 26 cent before the give-away at 21 .... And no doubt the brokers and recipients are saying to the company, when you do this and that and when you reach this milestone and that milestone, we'll be right behind you buying on the market.

I am less concerned about the geology and Rebecca project than the company's corporate ability to get decent value for an asset. And I thought it would be a good one because of the high management ownership.

disclaimer; just my opinion so do your own research

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Good points. The cap raise at 21c I feel was in poor timing. Potentially indicates that there is no real interest in the project yet (from a t/o perspective). Hopefully I'm wrong.

Although I'm surprised that they got their $10 million so quickly. Curious to see who increased their stake.

AOP Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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