Very poor announcement, scant on details like replacement etc - not good for market confidence. But I guess the main thing is JK falls on his sword and about time too. I agree with Buckmister, the logical replacement is Jim Zavros. I hear he has been sounding out people to join a 'new look' board.
I presume the share purchase plan has not had many takers at 2.5c when market price is 2 - 2.2c. I wonder now that ankara has left the building if the regular $500 purchase at 4pm to bump the price up a couple of cents will be a thing of the past.
RMA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held