APG 0.00% 0.2¢ austpac resources nl

where to from here...., page-27

  1. 4,618 Posts.
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    what you have missed is the general exhuberabce associated with watching paint dry in a dark room where mushrooms grow.

    Recent announcements (past 6 months) have offered little to us out of the loop investors. They broad brush general themes and direction, but place no genuine timeframes other than by end of year or soon or something like that.

    For instance, one of the biggest announcements of last year (or was it the year before) was the arrival of Multiserve as a potential suiter for our technologies. They had the option of reviewing and taking up technologies by some date lat year. It got extended (twice? can't remember) but more importantly we have heard nothing of Multiserve in recent times.

    By end of June their option to take of the technologies runs out. But because we have heard absolutely nothing about them in the last 5 months I can only assume that they are not even considering the technolgies. I can see the announcement now in the quarterly (end of july) with a descrete one liner saying "Multiserve have evaluated the technologies and have decided to not persue the acquisition of a license for hte time being"

    Call me negative - but why is it that us shareholders have to put up with loose timeframes, generalised investor updates and mysterious cap raising that we cannot particiapte in.

    On the SP front its no surprise to see it drifting lower. No news and speculation over future capital fuels this stagnant downward movement.

    Come on management, keep us in the loop. Even if its boaring stuff.

    GC
 
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