AGI 4.55% 92.0¢ ainsworth game technology limited

Ann: AGI Chairman and CEO AGM Addresses to Shareholders, page-23

  1. 284 Posts.
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    Thanks for the chart L33thal.

    News of the fall has hit SMH:

    http://m.smh.com.au/business/ainsworth-shares-plunge-as-pokies-guru-departs-20151125-gl7tqb.html

    'Chief executive Danny Gladstone said the market had over-reacted, noting Mr Clarebrough would stay with the Sydney-based company for a further 12 months and may also be used in an advisory role following his official departure.

    "To use a football analogy, he's been coaching for the last five or six years and he's got some very good people who he has acted as a mentor to," Mr Gladstone told Fairfax Media. "But there is a solid plan for the rollout of games and we have a 45-strong design team who are working on that."

    The company's shares recovered some ground in late trading and closed down 11 per cent to $2.35 giving it a market capitalisation of $773 million.

    Mr Clarebrough helped to develop the company's Showgirls and The Sound of Music games in recent years.'
 
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