ADN 10.0% 0.9¢ andromeda metals limited

General comments/chat, page-44526

  1. 7,402 Posts.
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    Look at my disclosure mate, I dont hold, no dog in the race, so again completely all wrong and projecting, maybe you are talking to yourself in that post, seeing as you need about a 400% increase just to be break even.

    I started researching the stock when I saw a volume increase, as thats usually a sign of action, upon researching found this huge red flag with management pay, they pay themselves exorbitant salaries, this really cant be argued they are well above industry rates for the position they are in, and these high wages are causing them to do capital raises at lower and lower prices just to pay themselves. Vicious cycle.

    This doesnt usually end well, if you believe in it long term then good luck, but I would suggest keeping management accountable and raise these issues rather than attacking those that bring them up.
 
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