AMI 5.26% 18.0¢ aurelia metals limited

Just speculation, but what should a board do that has discovered...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,635 Posts.
    lightbulb Created with Sketch. 439

    Just speculation, but what should a board do that has discovered someone's loose talk has caused a 30% share drop?

    I haven't checked but I am guessing they would all be shareholders too. There was plenty of speculation about a leaky ship on the way down and cap raisings to buy CSA. The talks with Glencore were confirmed, so the press must have got it from someone at a fairly high level.

    Regardless of how difficult it is to keep some things under wraps, it is a legal requirement that no board member could have been ignorant of.

    If someone blabbed, they should be sacked and reported to ASIC. It cost me enough to buy quite a nice car, and others a lot more I am sure.

    As I say, just speculation, but the way this is playing out speaks of something serious and unexpected.

    Regardless of that, I believe that the prospects for AMI (and Gold) remain good, and it is only a matter of time (inside cy 2019 imo) that we see $1 and beyond.

 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.