Bizarre move not to begin with the highly promising EM targets no?
You'd have to be either be VERY confident with this new target to spend time & valuable capital on far less promising targets first, or just lack any care for shareholder value creation...
Would assume Mr. Parsons gets some sort of unofficial say in how they operate given he's a 6% owner which is 3x more than any other individual. Would be nice to see Mr. Sennitt increase his lowly share ownership of sub 1.5m units too. They're nice and cheap now near all time low's.
Perhaps there is a method to their madness. Time will tell. Good luck all.
AQI Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
