you make a very good point Dratoz. All investors want their management to have significant skin in the game, especially the juniors.
I suppose in defence of the current A1 management team, you could argue that they are pretty much all relative newcomers to the company. But, the flip side is that they all have had a chance to buy, if they so wished.
With so much of the T20 register having changed, I certainly lean towards the theory that some of those with high exposure have decided to leave the building earlier rather than later. Whether that is right or wrong, or legal or not, I guess is for others to decide.
To me, IMO, A1 is potentially one argument with Watpac away from a production shutdown. That's assuming there are still significant funds owing to the contractors. That scares me.
The lack of noise about forward selling production is also worrying. Why are they not doing this?
There are enough relevant concerns to make me keep my $$$ away at this point.
just my disappointed opinions,
cheers
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