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12.5%

0.7¢ vection technologies ltd

Ann: Vection acquisition to lead fashion & retail XR revolution, page-30

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sugarwolf666

345 Posts.

39

08/06/23

13:09

Post #: 68195359
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Originally posted by sylau90: ↑

I hope I am wrong.

But I used to hold another shares, they did something like this as well. when the share price was at $0.40. They hired a new CEO with performance share attached, when share price hits 50 cents, $1, $1.50 and $2, he will get however many shares. Couple of years later, the CEO resigned , performance right lapsed and during his term, given himself couple of raise too. Now, the company share price is at 0.2cents and delisted.

IMO, never ever take the performance share value as a share price target. Other things to consider are the renumeration package and bonus the executives that jump onboard.

The good thing now is the performance share target is 10 cents by 2026. If the company is really in good shape as the cheerleaders said it wouldn't be hard to get there.

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sounds like you’re talking about ESH/MGG

VR1 Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.7¢		Change -0.001(12.5%)		Mkt cap ! $9.286M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$9.414K	1.335M

Buyers (Bids)

No.	Vol.	Price($)
20	3536510	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	3224327	3

View Market Depth

No.	Vol.	Price($)
20	3536510	0.007
6	1619000	0.006
4	665000	0.005
2	1000000	0.004
1	700000	0.003

Price($)	Vol.	No.
0.008	3224327	3
0.009	6022818	14
0.010	3300000	4
0.011	1715583	6
0.012	2015124	5

Last trade - 15.27pm 09/10/2024 (20 minute delay)

VR1 (ASX) Chart

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