BRK 0.00% 1.2¢ brookside energy limited

Ann: Results of Annual General Meeting, page-20

  1. 2,984 Posts.
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    Do you or anyone know if The Great One (DP) has or will be paying off his $1 million loan by the end of June?

    If he doesn't how do you think it will impact the share price because it would not be a good look IMO. Having a MD firstly borrow the funds from shareholders and then not paying it back (including any interest) would show a lack of belief/confidence in his own company. Together with being gifted another 15 million shares for simply doing his job is just another shot to the heart of long-suffering investors. If he fails to pay it back the only way the share price would go is down.


    I think at this stage if you're looking to cash out, you'd be hoping for a marked increase in the POI because it appears that the share price goes up and down according to that and not what management do.




 
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