Too be honest they should have invested the initial first lot of capital raises into money generators (other stocks with income or something along those lines) it may have taken longer but at least the dilution would be minimal and a cash flow would be coming in. Then when they needed a huge chunk of change another CR for the sats alone. I am sure they spent quite a bit of money on travel and trying to promote it when really they should have chucked all the money into investments. Not saying that promoting a business is bad, it's good, but when you are limited on funds it should be the last thing to do. Also the pay decrease should have been there from the start, they may be of high calibre professionals but what good is taking such a large chunk of change when the business needs it most. Could have lived on 90k a year use the extra change to turn it into a $bil company and then start bringing in $400pa home. Business starters should never take home a massive salary, the business always comes first until it runs on it's own. I may be cynical but that is what determines a failure of a business and a successful one.
- Forums
- ASX - By Stock
- SAS
- Friday the THIRD ?
Friday the THIRD ?, page-64
-
- There are more pages in this discussion • 51 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 SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online