As a long term shareholder, the performance shares were fairly earned. There is absolutely no doubt about it for me.
The asx and ASIC have completely ignored the Worldline Upstream Technical Issues which affected revenue. ISX was earning, but it wasn't hitting the bank account due to the Third Party Payment Shuffle which was introduced to look after Customers. All shareholders at the time were aware of this a knew the Revenue should have several millions more. ASIC is being extremely harsh with their SoC.
The BoD did not lampoon Worldline, they just got on with making sure it didn't happen again.December, 2017 Product & Manufacturing Costs $0.123m
March, 2018 Product & Manufacturing Costs $0.157m
June, 2018 Product & Manufacturing Costs $2.657M
September, 2018 Product & Manufacturing Costs $1.674m
December, 2018 Product & Manufacturing Costs $0.854m
March, 2019 Product & Manufacturing Costs $0.390m
Independent market valuation report on ISX/SP1 shares., page-18
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)