AMS 22.5% 4.9¢ atomos limited

Ann: Former CEO Claim Served, page-24

  1. 6,654 Posts.
    lightbulb Created with Sketch. 2487
    I've been a strong supporter of AMS and its video products for some time, but on re-reading some of the allegations made by the former CEO relating to insider trading, it made me think back to an observation I made in May 2022 concerning an unexplained drop in the SP, over the week prior to the trading update on 6/5/22 (see post # 61257198 ). That was the trading update that reported unexpectedly - slow sales in the first 4 months of 2022 due to a change in marketing etc. and caused the SP to rapidly halve in value. But in the week prior, steady selling caused the SP to drop from 73c to 60c (~ -20%), in particular on 4/5/22. I think that prior drop should have been investigated, but as far as I know it never was. So I've sold out the last of my holding today, lost faith in the management of this company completely. Its a shame, because this aussie technology seems to be world beating. Good luck to remaining holders.

    All IMHO, DYOR

 
watchlist Created with Sketch. Add AMS (ASX) to my watchlist
(20min delay)
Last
4.9¢
Change
0.009(22.5%)
Mkt cap ! $59.46M
Open High Low Value Volume
4.3¢ 4.9¢ 4.3¢ $85.78K 1.842M

Buyers (Bids)

No. Vol. Price($)
1 40000 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 71416 2
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
AMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.