Australia's largest stock trading and investment forum Australia's #1 stock forum

LLL

Click for more information

0.00%

50.5¢ leo lithium limited

Ann: Notice of Annual General Meeting, page-227

First 227 Last

Share
Profile

Follow
JackSpark

732 Posts.

135

24/07/24

08:57

Post #: 74885670
Share

Originally posted by WoodySpoon: ↑

" (a) calculated for 50% STI - $1,862,653: calculated at $1,862,653/1,198,176,519 = $0.00155 cents per LLL share (SOI - 1,198,176,519)(b) calculated for 75% STI - $2,145,871: calculated at $2,145,871/1,198,176,519 = $0.00179 cents per LLL share ++ the costings for Resolution 4 will come the Company's cash reserves and not affect expected payments from tranche 1"

SO $5k out of MY pocket into the pockets of these very highly paid execs who are basically saying "I know with our bonus structures we took on the same risks you did as an investor, and the company did not do well, losing some 40% on the IPO price, but we expect to be paid our bonuses anyway despite you losing out".

F**K that x 1,000,000

No to resolution 4 and 5.
Yes to the sale.

Expand

*40% so far, if this ever trades again even with circa 50c in assets this will trade at a much lower level I would say somewhere between 25-35c

LLL Price at posting: 50.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 110 more messages in this thread...

First 227 Last

Add LLL (ASX) to my watchlist