Has anyone notic3ed today Appendix 3 announcement from AOE.?
Well who was the one that said that they are a very good and honest Management that looks after the shareholders.?
Well if you bother to read that announcement (unless I misanterstood it, and I very much doubt it), they have sold their options, prior to even exercising them at, and you'd better believe it $5.87 per option,less the exercise privce of the options, which price is, higher than the price we will get for our fully paid AOE shares.
Talk about rip off. That is more than the share price.
And people still want to invest with them..??????
As for where I will park my money, I haven't even started thinking about it. I am sure that when the time will come, I'll think what to do with it. I would have wholeheartedly preferred to have dividends coming in on a regulars basis instead of cash though.
Buddy
AOE Price at posting:
$4.66 Sentiment: None Disclosure: Held