Hi Guido, yes, a lot of it is going back in via the share placement, and also the post doesn't mention that another one of the directors is subscribing for $15m worth of shares (yep that's right $15m).
Though not sure of the relevance of the post to A40, perhaps it's a forlorn hope that if we trash AJM then somebody might consider investing in A40. Hasn't worked to date based on the A40 shareprice, but may as well try something I suppose, A40 fundamentals don't seem to be attracting a lot of interest, again based on shareprice.
I wonder what will turn this ship around from its woeful performance of the last year. Do we need more reserves, new management or is a few extras like our new CFO all that's needed?
Perhaps we should de-list from Singapore exchange to simplify things, doesn't seem to have done much for share price being duel listed anyway.
Thanks
A40 Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held