And? I backed Ken Brisden in 2016 in part because he failed at Atlas Iron and knew when to step aside because he didn't have what it took - he learnt and grew and now he's the MD of a $~7b little company called Pilbara Minerals. Failures can shape good business people.
Completely take your point re: JM not buying shares in his own company. I note he has earmarked a sum of money for option conversion that should have him enter the top 20 but he has commented re: reputational risk.
When I was 20 I lost my life savings on a company whose MD and CEO both said their reputations were worth more than any dollar amount. I had met them in person multiple times and shook their hands. They have both been wiped off the face of the business earth since what was one of the biggest failures on the ASX, so I do note that the risk does exist. JM moved his whole family and life for ADN - but he can back it with his wallet too, I have no issues with your comment regarding that.
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $4.903K | 748.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 17955019 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 9103740 | 27 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |