your kidding …
if your gonna run a business like this spend 50% of your capital on looking for opportunities is beyond a joke …
whilst getting paid a nice sum …
Not only is the raise going to get bigger and bigger now the low SOI will be a lot larger so effects MC etc …
Seriously we own a couple business lol and this is not how you do it … Preserve capital and cut costs should be high on the agenda …
obviously this happens in a lot of specs as we are trading in the s$&t end of town …
let’s just see how many freebies they get (if) they do a deal …
and yes they have some skin in the stock but reality they will be looked after unlike us …
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11
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