Don't know if it is just me EW, but that is about as "glass half empty" approach as you can get, IMO!
I am surprised, to say the least. This is a TH! You do not undertake that lightly. So when the co says:
" the Company expects to make a material announcement to the market in relation to an asset sale", why not just wait and see what it is instead of kicking the co without giving them any chance to explain?
Clearly it will be a "material ann", in relation to "an asset sale"! That is sufficient for me. I can guess, with a high degree of probability, what it might be but prefer to wait!
AMG Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held