I was talking to Robert today (mates from way back....he even had a stack of APG) and he is very bullish about PHK
Brett is in the UK for 2 months wrapping up sales contracts and orders are starting to appear from all over the world.
They just did 12000 tonnes at the Coolum golf course but Europe certanly seems to be taking off. The trials in the states on the lakes have all been good but have to wait to US authorities to give the go -ahead.
Shaws Stockbroking are the Corporate advisors and I have seen the "conservative" sales, budget and profit report for the next few years. Looks V good!
The Director that "reluctanly resigned", Joel still has a few million left to sell. He has been bid many times and he maintains he is not a seller but soon as there is movement he is back in selling and holding the price down.
He just wants to get up the nose of Robert S and others running the co.
Looks good so far.
Give a call at the office if you want to chat.
Cheers
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
