The Company has stated that its current strategy restricts ASX announcements to those that also would be informative to its institutional investors. I hope that they would not have been advantaged already by separate briefings on this month’s progress. It is a requirement that all shareholders be equally informed at all times.
I am aware of the self-fulfilling nature of the actions of tea-leaf reading participants in determining minor share price movements, but this is irrelevant to the Company’s business and progress.
I would feel uncomfortable invested in a company whose management thought temporary and trivial share price movements, in either direction, caused by irrational retail behaviour were worthy of consideration.
AJX Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
