I've previously deep dived on Mark Connely's Chairmanship.
I personally have the same reservations as your good self.
Firstly, Eddie Rig (former Anova/WA8 chairman and founder of Argonaut) hired Mark as his replacement.
I have asked a few industry insiders about MC.
He is widely known within the industry as Shopping Cart Connely.
I'm fairly certain he is not directly involved in the Big Springs sale process.
Therefore, like you I ask what value is he bringing to the table?
Mark receives free options that vest if he remains in his position over a 12-month period.
Pretty cushy hurdle huh, I'm presuming he can thank old mate Eddie for that little gift.
The guy has so many non exec board gigs he probably makes more annually than 95% of ASX CEO's.
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $134.8M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 11.0¢ | $528.2K | 4.552M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 1702833 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 203603 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 1091232 | 0.110 |
13 | 1609143 | 0.105 |
31 | 2023224 | 0.100 |
2 | 160000 | 0.099 |
4 | 188998 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 203603 | 3 |
0.120 | 1851938 | 11 |
0.125 | 866604 | 6 |
0.130 | 1116656 | 7 |
0.135 | 1350000 | 3 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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