Thank you for pointing this out. Couple of people asked me to explain my post, but you did it perfectly. Especially this part:
2. The incoming CEO, Sam Jonah, stumped up US$7.5 million of his money into Moto upon appointment, so Klaus selling or resigning doesn't really say anything about the resource he's leaving behind, or what his fellow Directors think of it. Moto went on to more than double in valuation in the 2-3 months after Klaus' resignation.
I hope everyone now understands why I started this topic in the first place. Klaus selling (and maybe leaving?) doesn't mean the resource is shit, and that the valuation cannot quickly recover. (As long-term AVZ holders already experienced in October last year after Klaus sold in September)
- Forums
- ASX - By Stock
- You can change management but you can't change what's in the ground
Thank you for pointing this out. Couple of people asked me to...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated