Hey Guys, Your dreaming. There wouldn't be a 5c nor a 15c takeover. Don't 70% of shareholders have to agree to any takeover? The Major players in APG are not there for a quick (APG time) profit and there are soooo(sic) many others who bought in 15 years ago at 30c+ (bottom drawer). Look at the volume of trading over the years verses price movement. Others who buy more when there is an new issue are putting up money on long term faith in the technology. Many faithful are topping up at the expense of those who are obliged to sell for personal reasons or larger holders who are trading a few and increasing their holdings. If they sell a few and the price goes down they wait and buy more back. If the price goes up and looks as though they were wrong they still buy them back. If they are right more often than they are wrong then they win. either way they don't lose as they still have their main core holding. Of course BHP are not interested in that type of trading, nor are they gamblers. Now the technology is proven and many activities are afoot, time to fruition is ever closer. It is unfortunate the global economy is in such a mess, but when (not if) deals are made and also money is being generated at Newcastle you should see dramatic rise in the sp, notwithstanding the rest of the economy.
Patience will be rewarded
APG Price at posting:
3.1¢ Sentiment: ST Buy Disclosure: Not Held
