50% drop in fees to be taken as shares for the remainder of 2020? The only fiscal saving will be for management in tax savings! SH get jammed with dilution for an additional 2 cent per share donation.
The next genius management trick will likely be consolidation in order to 'attract institutional investment'. SH rejoice!
Diabolical how poor the performance of the management team is! Only matched by their disdain for the retail holder who are quickly being stripped of their investment.
Management should take a 50% cut full stop until further notice of improvement and sales.
If the company improves dramatically then they should apply at future AGM's for SH consideration to performance rights!!!
Time for the executive team to step up or step aside!
GLTAH
BLG Price at posting:
2.6¢ Sentiment: None Disclosure: Held
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