IBG 0.00% 0.3¢ ironbark zinc ltd

NFC pays fair and is committed, page-3

  1. 389 Posts.
    Arsenic et al - you guys aren't thinking straight.

    Answer this: Which one makes JD/management richer?

    Scenario 1

    10.2 million shares that he holds @ a high price in the dollars per share
    +
    6 million options that are soon to be expiring @ converted and at the same high price
    +
    a big bonus he can ask shareholders to vote for - which we will vote 'yes' for.

    Scenario 2
    Dilute the hell out of all of us including himself and his wife.

    so that 10.2 million shares @ a really low price
    +
    6 million options that may well expire worthless
    +
    A monster new shareholder base who have no loyalty to him
    +
    An upset existing shareholder base
    +
    Him asking for a big bonus from his new shareholders? He may get one-kick but he'll eventually get booted off because he has destroyed his reputation e.g. who says the new shareholder won't be suspicious the same may happen to them, now that they are existing shareholders?

    Scenario 1: he has a shot at becoming a mini Twiggy and earning his right to be at the helm for many years to come with happy shareholders.

    Scenario 2: his shares aren't worth much, he will have to negotiate his way into 1 bonus from his new owners...and he'll be forever hostage to this new boss.

    And here you are talking about office rental expenses and other expenses....
    Last edited by chutoro: 08/07/17
 
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