VSR 7.14% 1.3¢ voltaic strategic resources ltd

Ann: Prospectus , page-3

  1. 161 Posts.
    Personally I invested a small amount. I think they have a good mix of assets and being profitable in the first year of operation is a good base to work from.

    The only issue I have is with managements bonuses. I had an issue when they ran IPM. They never met their bonus targets, but still paid bonuses based on all the hard work they put in.

    You can get away with this sort of behaviour in a bull market, when no on is paying attention, but if the last few years has taught us anything people are now starting to pay much more attention and will start to complain if they continue to pay bonuses while not meeting targets.
 
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