CKK 15.8% 1.6¢ coretrack limited

trading holt, page-29

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    I hadn't thought about inside friction at CKK, but if I was WS I'd be pissed off, he's got lots of skin in the game compared to the others, and it's his drill tech that is carrying the company at the minute not the CLRS.

    To add insult to injury WS has to watch Nanne get a fat, fat salary for pretty much zero value added.

    How's this for conspiracy theory (totally speculative on my part) WS could theoretically hold up action on a drill that he knows will work, given it's his technical input that dictates what is done with it. He can squeeze the company, increase his share, get enough share holder votes to bump the dead weight that we're carrying (Nanne et al) then suddenly push ahead and close some deals.

    I'm willing to hold out, only because I've been in long enough to have some profit to buffer SP falls, and i'm near to CGT benefits. I'm thinking as I type but maybe some short term SP pain, and a WS led boardroom shakeup and refocus is just what CKK needs...

    Thoughts?
 
watchlist Created with Sketch. Add CKK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.