ALY 0.00% 0.7¢ alchemy resources limited

drilling to start, page-31

  1. 1,924 Posts.
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    I have been watching this company for several months and have serious concerns about the directors' corporate goveranance practices when Lindsay Dudfield buys shares the day before the March 2012 quarterly is released, sells a significant number of shares off-market 3 days before the December 2011 half yearly is released and buys shares in a period when he is negotiating a fund raising for ALY which later turns out to be underwritten by his own company JRL.
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    Let me see if I have this straight. You believe that Lindsay is showing poor corporate governance for putting his money and Jindalee's money where his mouth is? All transactions were done at 13c.

    You have to be kidding mate.

    Have a good think about the solvency of the company without this support.
 
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