There are 2 people should be responsible for this disaster.
David Hearn
1. Amateur - no escrow for JH’s free shares.
2. Incompetence - can’t predict JH will dump all her shares.
3. Irresponsibility - sp drop $2 since JH dumped all her shares . No announcement to explain what’s going on.
4. Greedy - although a2m had $300m+ in the bank, he still offer the incoming CEO with free shares at the cost of shareholders instead of cash payment.
JH
1. Selfish - The recent disposal of ~357k shares by her is disappointing given the short time frame at the helm. She know the consequences however she doesn’t really care. At the end of the day , she get the $ , that’s the only thing matters.
2. Dishonesty - She betral all the shareholders and backstab DH who chose her as the incoming CEO. She slap on his face hardly. Her selling set a bad example for other directors on board to follow.
3. Personal financial chaos - after being paid $8M by Qantas for the last 8 years , she still need to sell 357k a2m shares to meet the tax obligations and fund other daily expenses.
I remember last AGM, all directors on board being voted to remain their current positions. However the chair - David Hearn is the only one with only 70% voting yes. The rest are all above 90%. Now , I know the reason.
I believe both JH and DH need to resign.
- Forums
- ASX - By Stock
- A2M
- DH and JH
DH and JH
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.49 |
Change
-0.100(1.52%) |
Mkt cap ! $4.702B |
Open | High | Low | Value | Volume |
$6.53 | $6.62 | $6.49 | $1.337M | 204.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 22923 | $6.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.50 | 8199 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 22851 | 6.490 |
8 | 8568 | 6.480 |
9 | 26595 | 6.470 |
4 | 5476 | 6.460 |
5 | 22943 | 6.450 |
Price($) | Vol. | No. |
---|---|---|
6.500 | 8377 | 14 |
6.510 | 9431 | 17 |
6.520 | 7123 | 9 |
6.530 | 9086 | 8 |
6.540 | 32988 | 7 |
Last trade - 11.07am 27/06/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |