At least the new CEO has shown the AMI board they should all have some skin in the game even a token amount. He gets heaps of shares when he starts in July so this is a slap in the face for current Directors and board members that still haven't bought a single share. With the current board and Directors not holding many shares it was easy for them to issue new shares at a crazy 9 cents a share. The board members there when Dargues was bought should be replaced at least they did a cap raising at 43 cents. This 9 cent cap raising was not needed and diluted our share value just as much as the Dargues deal. It also has held back our share price while it goes through. The 9 cent cap raising was the only part of the deal Andrew Graham got wrong and rightfully cost him the top job in my opinion. When will Peter Botten and others buy a single share and have some skin in the game and become a AMI shareholder like us, and not just an employee. I still own more AMI shares than all this boards combined holdings which is not a good thing. These Directors who don't own shares can't buy at the cap raising price so why don't they buy now at this cheap price.
AMI Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)