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Worse! It raises questions about his belief in the success of...

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AlexanderJ

4,002 Posts.

1311

11/02/19

14:22

Post #: 37398855
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Originally posted by Sally_Will ↑

Hi RED328,
I certainly agree with you that Mr. Bramwell is entitled to invest where he likes but he also needs to realise precisely what you have posted in relation to your entitlement to vote against any free or cheap option share allocations that might come his way.
Just like yourself, I too would vote against him until such time as he demonstrates by his actions that part of his renumeration package from Ardea (his employer) should be able to afford him to buy the equivalent of his holding that you mention he has in Piedmont.

It is rather galling to think that since his employment by ARL, he has seen fit to invest over $100K in a USA operation and yet cannot find time nor money to invest in something all of his work colleagues have committed to.
Maybe he believes that he would have a conflict of interest but i doubt that and i expect him to be a buyer sooner rather than later. He should be a buyer now! Not next month or next year!!

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Worse! It raises questions about his belief in the success of ARL when his actions demonstrate he thinks he can make more profit by investing his money elsewhere. It also raises questions about our investment in ARL..... should we be following his lead?

ARL Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 44.0¢		Change 0.000(0.00%)		Mkt cap ! $86.86M

Open	High	Low	Value	Volume
43.5¢	44.0¢	43.5¢	$14.85K	34.08K

Buyers (Bids)

No.	Vol.	Price($)
1	11059	43.5¢

Sellers (Offers)

Price($)	Vol.	No.
44.0¢	20439	2

View Market Depth

No.	Vol.	Price($)
1	11059	0.435
3	29068	0.430
3	21699	0.420
3	44390	0.410
1	25000	0.405

Price($)	Vol.	No.
0.440	20483	2
0.445	2249	1
0.450	15504	1
0.480	5000	1
0.490	15000	1

Last trade - 12.14pm 28/08/2024 (20 minute delay)

ARL (ASX) Chart

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