EGR Chart, page-649

The only positive so far with all of these free shares is that we haven’t seen any sold by Directors over the years. Let’s hope that continues into the future. Management would be advised to hold tight to these shares and wait for a dividend stream if they want the share price to start appreciating. In all honesty what is the point in collecting all of the shares that AS has if you are not expecting a significant appreciation in price. It would be waste to dispose of any under $3 imo. The real question is , can he deliver. He hasn’t yet but maybe the time has come.