Australia's largest stock trading and investment forum Australia's #1 stock forum

AVQ

Click for more information

0.00%

2.5¢ axiom mining limited

Ryan invests Bigtime, page-42

First 42 Last

Share
Profile

Follow
Redpapa

1,516 Posts.

22

06/08/16

20:21

Post #: 18461031
Share

Originally posted by no vice ↑

My take on this is as follows. Ryan may well have the right to do whatever he likes with his salary, but the message he is inadvertently sending is in very poor taste. One would expect a certain propriety and code of conduct from CEO's of public companies. Investing in a competitor is NEVER going to be seen as the ethical or proper thing to do. The message this sends is at best confusing to the market and shows a lack of regard for the shareholders who employ him. At worst, it undermines the resolve or faith such a leader has in the company he is supposedly 100% committed to. Very poor judgement in my opinion which I think will be marked down accordingly. I can understand why strong supporters of Axiom are now re-evaluating their positions in this company.

Expand

It's like saying executives of Banks cannot hold shares in other financial services ASX listed companies. People read way too much into things

AVQ Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 17 more messages in this thread...

First 42 Last

Add AVQ (ASX) to my watchlist