what is a good price?, page-11

Looking back at some long term monthly charts of APG we had a triple bottom of 1.4c in 2006 before breaking out to 20.5c first quarter 2007.

My price analysis looking at the charts would indicate to me we will see 1.4c hit again before a 20 / 22c sp by March 2014.

This price action has repeated on 2 previous occasions each 7 years (2000, 2007) and would fit in perfectly with plant completion and commissioning for 2014.

Discount these repeating ranges as airy fairy stuff at your own peril, I've seen these things play out all to often over the years not to take notice.

I encourage anyone with access to some charts to bring up a 14 year monthly chart and look at the long term price action.