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 $1 and beyond.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
6 | 270131 | 18.0¢ |
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Price($) | Vol. | No. |
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6 | 270131 | 0.180 |
14 | 632481 | 0.175 |
15 | 1056763 | 0.170 |
14 | 773831 | 0.165 |
12 | 518195 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 98060 | 3 |
0.190 | 668906 | 10 |
0.195 | 361361 | 10 |
0.200 | 768741 | 13 |
0.205 | 249635 | 3 |
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