It's always problematic when remuneration structures don't align with shareholder interests.
If they're fair dinkum the family should be off salary and on performance based plans.
If they can't get their act together over the next 12 months in terms of driving realistic commercialisation schedules they should handover to those who can; either by resignation or stick up the 'for sale' sign. I'm sure many of the larger shareholders would be agitating for same - perhaps with one last discounted CR first.
Bob and co. have done a remarkable job pulling this together. A real class act. But often the entrepreneurial skillset is completely different to a managerial one.
Most disturbing: why are the larger shareholders who ponied up in the CR not buying on market? That's what I'm struggling with unless they're privy to info we're not (which is possible) and precluded from buying.
elliott wave count, page-34
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Last
$1.38 |
Change
0.030(2.22%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.39 | $1.34 | $4.466M | 3.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15786 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 1601 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |