...appetite for risk or investing in a company that love smoke & mirrors while management team is milking other shareholders with everything they got....?
....have a look at today's 2A...another 20M performance shares to Bane & Joel...those performance shares were based on ~40 million deliveries per quarter (30c/delivery) as per prospectus...and what do they do...they use shareholder money and acquire revenue (loss making companies) so that they can hit their performance hurdle...only to pay themselves 20M shares.... one of the most dodgiest things I have seen in a long time.... no wonder the Board resigned last year when they removed the number of delivery KPI's...
...why would you even do something so stupid while ASIC case is wrapping up?
...time to remove these guys from managing any listed company ASAP.... and recover losses from each of them.... starting with these 20 million of shares.
...my two cents....
...appetite for risk or investing in a company that love smoke &...
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