An American shareholder of pokies supplier Ainsworth Game Technology has accused the company of talking down the value of the stock and limiting it to “obscurity”, slamming a strategic review process which he says has depressed the share price.
Ainsworth is considering whether to take itself private for its next stage of growth, and has hired Macquarie to conduct a review designed to maximise value for shareholders.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com