AVQ 0.00% 2.5¢ axiom mining limited

Ann: Axiom Mining 2017 Annual Report, page-12

  1. 899 Posts.
    lightbulb Created with Sketch. 299
    Especially providing a $200,000 loan at 5% interest. We are borrowing these funds at astronomical rates from Magna and then loaning it our to Directors. Whats the go? Can't live on the outrageous salaries you are already getting?

    It has just degenerated into a a farce that pays out millions of dollars a year in salaries for literally nothing. Shareholders are diluted continually to provide this lifestyle to Directors and Executives.

    A few of us shareholders wouldn't mind a $200,000 5% unsecured loan. Perhaps we could buy some decent stocks.
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.