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who is taking up the spp and who is waiting, page-32

  1. 6,606 Posts.
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    If somebody gave you say 500000 for nothing and said "you can either sit on your backside and it wont cost you anything, or you can do a bit of work and make multiples of this risk free amount", what would you do? You'd do a bit of work. There may be better ways of doing things, but ultimately a system like this encourages a director to take a bit of risk. With risk comes reward. Not so long ago this company was back down at 20 odd cents. A lot of people are expecting $2-3 within 12 months. Variability in price is part of the market. Prices move on sentiment alone a lot of the time. If you think it's undervalued buy more. If you think it's too risky sell out. Take the $1 STO price as a precursor to what could happen if 'the ducks line up', sit back, relax, let the directors put some meat on some string and have a laugh at the ducks as they gobble it up one after the other.

    You need incentives for directors so they can let your hard earned earn again.
 
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