@line of cobar in total agreement with you there. I had not voiced on Bob Vassie before, as it had not been bought up. Dan going is a major derisking, but Vassie needs to be kept in check by other board members.
I remain standing firm on a sell sentiment with anticipation of a capital raise, however Dan Clifford leaving is absolutely a de-risking of the business as I considered his lack of urgency and failure to hold himself and the board accountable for ongoing underperformance a liability. Post capital raise, I will move to a hold. Once Dargues is sorted out one way or another, that is my key to move to buy. In the meantime that is the major liability long term on the books as it is not a positive cash generating acquisition when accounting what was paid for it.
A big step in the right direction.
AMI Price at posting:
11.5¢ Sentiment: Sell Disclosure: Not Held
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