APG 0.00% 0.2¢ austpac resources nl

reread announcement 19/12, page-9

  1. 192 Posts.
    Marque,

    BHP have bought shares at 20 and then 10 cents. It will be unlikely (not impossible) they will let another take APG.

    In the tougher times ahead it will be beneficial to all producers to increase output or increase quality through the use of Austpacs technologies. The capital costs required to setup the technologies is low. The environmentally friendly nature of the technology will make it sell itself.

    I dont see APG as having a long future as APG because:
    1) The technology works.
    2) The quality or volume of the output is increased.
    3) The cost is reduced.
    4) The time to make a plant is reasonable.

    I think once one major makes a move the other (hopefully others) will follow and it will be taken over. The purchaser of APG will have an obvious advantage over its competitors.
 
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