End of the day, if there's no strategy to reduce cashburn then we will not see increased confidence in our company and therefore share price will either remain stagnant or drop. We have discussed the ridiculous salary Robert Graham is getting paid, not to mention all the free 'milestone' shares he has been given. Just because he is founder of Schrole that does not mean he can feed himself whatever he pleases. One would be really interested in Danny Segman's opinion on this as he has purchased a tonne of shares at these levels to support the share price. But I believe it is a valid opinion that the ridiculous fees to the MD cannot continue and if so, he should be removed from the board. All thoughts welcome, especially from those that side with RG. A clear justification for his ever rising salary is needed in a situation like this.
249D on the cards
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $16.35M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 46.0¢ | 45.5¢ | $14.32K | 31.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 337694 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 71484 | 3 |
View Market Depth
| Last trade - 15.38pm 11/07/2024 (20 minute delay) ? |
| SCL (ASX) Chart |