I decided to start a less melodramatic thread about the spp.
I don't know whether or not I will participate in this spp. There is no point throwing away money if the same old things are going to happen. Anyway here are my thoughts on the spp.
Pros:
1. Upgrade infrastructure
2. Expand marketing and sales initiatives
3. Construction of processing facility
Cons:
1. General working capital (is this going towards management's remuneration?)
Will the directors be taking up their full quota under the spp? I could not find any mention of this anywhere. You would think that this information would be front and centre and in bold in order to encourage every shareholder to participate.
In relation to the AGM why do non-executive directors deserve a $140,000 per annum increase? I don't care if they haven't had an increase in 6 years, their performance does not warrant one.
My thoughts and ramblings
FloatMyMoat
- Forums
- ASX - By Stock
- CSS
- Pros and cons of the spp
Pros and cons of the spp
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CSS (ASX) to my watchlist
|
|||||
Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $41.26M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.5¢ | $16.27K | 79.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32483 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 36999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32483 | 0.200 |
2 | 30010 | 0.195 |
2 | 5100 | 0.190 |
2 | 8535 | 0.180 |
1 | 4546 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 36999 | 1 |
0.225 | 52433 | 5 |
0.230 | 100000 | 2 |
0.235 | 178874 | 2 |
0.250 | 1296 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
CXO
Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
CSS (ASX) Chart |