The board gave her the opportunity and ability to sell but it was her clueless decision to take advantage of that and sell ALL her shares effectively destroying shareholder value for her own benefit.PS-Agree re the Board also.
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I guess we are still positive if we are still talking about it. I am ok even the PS is back $10 but I just hope she is not turning ATM into BAL (-60% currently). it seems the market lost the trust/confidence for sure and I don't believe this will be recovered in a short time. what is leadership? there are many companies make the loss for many years but people still believe them/board/team/CEO. I will call that is a good leadership. ATM is going other way........
A few weeks in now and I would have expected some "good news" announcement from the CEO to help turn the tide. All we have had is silence - that's not very creative
hammer time broken the 200d in aus see what happens
I wanted to sell half of my ATM since yesterday morning but I have issues with ANZ Securities and since then the SP dropped like a hammer. I'm about to shout someone's ear off.
atm broken down thru the 200d sma .... bad
The CEO said the reason for the delay in profitability was due to taking more aggressive growth strategy due to success seen in this market. Everything seems to be tracking along very nicely other than some disappointing moves from a certain few in management. For investors I see no reason to panic.