APG 0.00% 0.2¢ austpac resources nl

rough seas ahead, page-5

  1. 678 Posts.
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    2 Factors:

    * End of financial year - bunch of punters booking a capital loss for tax gains.
    * Margin calls forcing people to sell.

    APG remains as viable investment (in fact better investment) than it was 3 months ago. Those selling either have to, are financial engineering, or simply aren't interested in the company and bought because someone told them to and now are selling at the worst possible time.

    FG
 
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Currently unlisted public company.

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