Not necessarily. As an US-based activist manager with a cost basis in $0.60's, it it understandable he doesn't want to be on the board of an ASX small cap if no sale is imminent. He's done his activist thing and achieved a positive business outcome and a 50% return in under a year. He may just want to put his time/energies into other opportunities.
ALTO FOX our largest holder, page-12
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Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $341.3M | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 92.0¢ | 89.0¢ | $729.1K | 805.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13480 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 80481 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |