I now think DW left due to ethical concerns, knowing that ASM was egregiously misrepresenting its production timeline. IMO a lot of shareholders would've bailed if the new timeline had been presented while the SP was, say, still over $6. In retrospect, IC and NE selling at $8.41 while the SP was rising was a pretty clear signal things weren't as they were being presented to shareholders. The whole thing is just a monumental screwup, and I seriously doubt the KMP, and especially Dubbo, ever come to fruition. Shame on ASM management, IG in particular, for squandering so much potential.
ASM Price at posting:
$1.33 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)