Ann: Application for quotation of securities - CE1, page-4

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Scottj15

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20/08/23

20:33

Post #: 69444433
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Originally posted by jophda: ↑

Shareholders should never vote for management and board incentives that are not directly linked to shareholder wealth .
Higher production can be achieved by raising more capital or by the company taking out debt .
Neither of these things are necessarily in the best interests of shareholders .

CE1 took out debt with its attached toxic hedging requirements and did a surprise credit raise in the process of the drilling that achieved the production hurdles that got the rights vested .
In that process the share price has more than halved .

" Show me the incentive and I will show you the outcome ." Charlie Munger .

It is a pity that retail investors seldom vote at Annual Meetings .

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well let's be honest. they hardly deserve to be awarded any incentives atm. they haven't delivered. lost monark half his capital. Retorn is at least on the payroll and gains there.

How are you holding up @Cloudofsparrows ? you have one winner. hardly balances your losers though. no new tonka truck for your Gladstone ranch lol

CE1 Price at posting: 9.7¢ Sentiment: None Disclosure: Held
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Ann: Application for quotation of securities - CE1, page-4

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