Even if NVX breaks $1 it’s a f*ing disgrace. Many American companies already covered from the slump, and NVX saying they’ll break even soon, and the SP stock below, $1 is pathetic.
This CEO has no signs of confidence during his presentation, and really need a change of hands, paying him $3m per annum for this poor results, is pathetic. If the product is progressing then reward the CPO, not the CEO as he clearly isn’t doing what a CEO is meant to do, which is focusing on generating revenue and actions that increase SP.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-83
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