What I don't understand is the share holders have to take the loss , through dilution Yet the board members get a the bonus for poorly written agreements , plus some of the largest salaries in a start up,company . It's crimal
Is it a way to for the board to make us share holders who have spoken out for the actions of bad mangerment . I don't see any of the board members reducing there salary or bonuses . To help the fruitaion of the future of the company . No they are milking every dollar possible
A royal commsion should be held a director should % of turn over of company not for the amount they can raise through share holders funds or dilution of shares to pay there salaries.
The ASX is to be accountable An be questioned On policy of the conditions of dilution old shares on start up ccompanies
XPE Price at posting:
1.4¢ Sentiment: Sell Disclosure: Held
