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0.00% 0.7¢ superior resources limited

Ann: Steam Engine Resource Expansion and Mining Study plans, page-47

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  1. goldbuggalo
    618 Posts.
    lightbulb Created with Sketch. 278
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    07/06/24
    15:37
    Post #: 74218807
    Merv,

    Management couldn’t care less about their shares, as they got all of those for free, not a single penny of their pockets in the company (except for Peter’s magnanimous 900 bucks).

    As long as they keep getting their remuneration packages, the shares are irrelevant. They can only win, never lose on the SP.

    That is why they don’t give a f* about the SP.

    If shareholders voted to cancel or reduce their remuneration package, you would see real movement.

    Until that moment, this is just another lifestyle company.
    SPQ Price at posting: 0.7¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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