ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

The AG dump

  1. 2,444 Posts.
    lightbulb Created with Sketch. 45
    Substantial shareholders have responsibilities, and I believe AG disavowed their responsibilities.
    If AG decided to exit the share register, a more responsible approach would have been to advise management of their desire to quit the register.
    This would allow management and corporate advisors to attempt to place their shares with other organizations to minimize damage to the SP.

    It is clear that AG did not do this, and their action inflicted huge damage on an already weakened SP.
    I call their actions irresponsible, and even a little vindictive.

    Apart from my complaint to ASIC asking for an investigation of possible use of insider information by AG , I intend to make Industry Superfunds aware of AG's actions. These funds may agree with me that these actions had the potential to destroy Australian jobs.
 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.