you obviously havent owned this company since 2014 when the share was around $10.
they are paying their salaries from capital. Capital raised at great expense to the company ($2M approx.) and dilution to existing holders.
they should take a meagre salary and get their bonuses in out of the money options aligned with share price appreciation based on achieving milestones.
will you still be happy with paying their salaries if they pump up nothing but water and no commercially viable helium? Happy to add more capital at a lower SP and further dilute your existing holding so management can pivot to their next adventure?
don’t get me wrong, I hope this takes off but until something viable helium is proven and the probability of generating revenue is likely they have jumped the shark on salary raises.
you obviously havent owned this company since 2014 when the...
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $9.724M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $3.405K | 851.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 53290539 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12073778 | 17 |
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| Last trade - 13.46pm 08/10/2024 (20 minute delay) ? |
| BNL (ASX) Chart |