ANG 3.96% 52.5¢ austin engineering limited

Ann: Operational Update, page-5

  1. 48 Posts.
    This is an interesting company management. During their right share (price was $2 or so) I sold my share as XR. Company did not allocate me rights because directors used their discretion. Wrote company - never replied. Wrote to Share Register - they were puppet. Wrote to ASIC who after one month they echoed management statement. So pathetic I felt that time.
    Now I think so good. IF I got the rights not rejected then, I would be sucking my thumb at 54 cents.
    Their partner BKN also flogged.
    Keeping my anger and emotion out today I bought ANG at 54 cents.
    To even out, will buy more when they share go to 24 cents next. Poor management poor strategy.
    Last edited by Miner2000: 27/06/15
 
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