Sure the shareprice hasn't moved, but the company doesn't control that - in the last 5 years the market as a whole hasn't moved...so by your logic the entire market hasn't delivered anything.
The company has to focus on what it can directly control, not what it can't. And the share price is something is doesnt directly control. Are you saying that they haven't delivered a successful demonstration plant? That they haven't signed up a major to be their biggest shareholder and to provide the funding for their endeavours? That they haven't got interest from a number of large companies?
The company is set for another good year - if they have started constructing a large plant by the end of the year, and generating cash, it will be the second highly successful year in a row.
If you hold because you believe the company is sound, its a good place to be. If you want to turn a quick buck, then good look somewhere else, but don't naysay what has been a successful period for a fledgling company. Or at least if you do, put some critical thinking and constructive reasoning behind your post, just because you say its so, doesn't mean it is.
FG
APG Price at posting:
4.8¢ Sentiment: LT Buy Disclosure: Held
