The more I think about the current price, and there is certainly lots of time, the more it looks like a major player is trying to keep the price down to benefit their play.
I know some people have said they need to sell and can't wait but at these basement levels, whilst considering all that is in hand and the soon to be commercial operation, it makes no sense to be selling. But to ease out some stock at these levels and keep a lower lid on the price to benefit a larger player's negotiations seems highly feasible and a very cost effective tactic for those engaging it.
The stock price is being controlled by a very low volume and it is obvious there are negotiations ongoing that we are all waiting to hear about. I don't know what we can do about it though, after all this is a market. When you look at the volume of stock out there and how much is actually changing hands it shows that the sentiment is well and truly behind APG.
APG Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
