re: Ann: Share Issue for Installation of Camp...
I dont think anyone is selling this stock down (on purpose)
IMO the selling today was from the owners of the new shares.
they need to get paid for their services, its their income. they just gained some % on top of the deal and took the shares...then sold them. they have to pay their own employees somehow. and it saves AAM a bit of cash too.
it sucks for the short term share price but now we have more people holding for the longer term. I think its been a good deal. a sneaky deal, yes. to try and bump the price up with drill results then let loose the extra shares to sell into the rally. didnt quite happen like that though.
and like some one else said the raisings have been at a constantly higher price so dillution limited.
once we get the gold flowing we all win.
and it might be better to get it flowing after the chrissy break and not before when people are having to buy presents and stuff.
all good. all happy. all my opinion.
AAM Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
