The fall from 18c to 14c is all about the current events in the Ukraine but the fall from 35 to 18c I place firmly at the feet of ANP management. No ifs buts or maybes MD has to take responsibility of this and his silence is modus operandi from previous blunders.
The EMA PIP approval announcement should have been left to run on its own legs to gauge market reaction and I would think a potential higher CR price( seeing as that was the plan all along). To lumber the EMA announcement with the CR was madness.
I'm still dirty that he spruiked partnerships and non dilutive funding and slammed us with this current situation.
My plan was sell an amount of shares after the announcement as I felt we would settle around 30 cents after a possible spike to around 40c. I was on a time frame to free up some funds for a non sharemarket related project but now I'm a seller of a lot more shares than originally planned and have been so down to 16c.
Bad for me and bad for the ANP share price in general.
SHORTFALL, page-45
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