Yes, I am not a fan of the way Seckhold seems to get hold of shares. Anyone remember the $2M loan to AUK which was then repaid in shares at a very convenient time.
Although he is the one forking out significant cash so I can't blame him for trying to get the best value for his money.
And we did have the chance to vote against these kind of things and didn't.
The way this was timed expect no-one needs to do anything to get the price down. AGM was at slow point in the exploration cycle - Jampang RC finished, first targets at Wonogiri checked out, end of year, really bad markets etc, etc.
And since AUK was so news driven not surprised at the current action.
Will be keeping close eye on the next news flows and volumes.
As I think I mentioned before I am highly suspicious of foreign "advanced" projects - classic Pump'n Dump material IMHO
Yes, I am not a fan of the way Seckhold seems to get hold of...
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