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I got booted off for saying someone should be,held countable for...

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brindy1

309 Posts.

04/09/16

10:22

Post #: 18914664
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Originally posted by olderwiser ↑

I have to regard the payment of consultants and others in shares as suspicious

Assuming these consultants can do basic maths and think the shares worthwhile, why would they accept payment @ .5c when they could take real money and buy @.3c or .4c. There are plenty available

As a beneficial side effect it would create some demand in a flaccid market, yet LWP persistently repeats this strategy

Since shares are being used in lieu of cash, share holders should have knowledge of the transactions. How else can a judgement be made on managements fiscal responsibility.

If consultants have special knowledge that makes it sensible to take overpriced shares. Wouldn't that be a form of insider trading ?

Perhaps it about creating the illusion the shares have more value than market price. I note the share start and closing auction is carefully managed to achieve an above market result( VWAP ) Here on Fridays close 1000 shares pushed the close up, while the 299000 cancelled out
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I got booted off for saying someone should be,held countable for some of the actions taken from the board , a investagaion should be held into the action of the Bord members/ owners , in payments of shares to each other

Last edited by brindy1: 04/09/16

LWP Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
12 Upvote

0 Great analysis

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