I had to chuckle when reading the portion about Mr Daley’s 10 years of outstanding leadership blah blah blah.
IMO, he’s been an absolute flop, essentially being gifted a free salary with his position on the board (not even residing in the same state, from memory). He was probably the single person who could have gotten a result for Admiral Bay with his experience, and the results speak for themself lol. Good riddance.
IMO, the company needs to sort this legal issue out and then perform a share consolidation.
This will be a permanent sub 1c stock otherwise, as they dilute at these lows.
Mr Barton’s increase in remuneration is on the nose, a revolting example of just how much Directors still profit off of providing zero value for shareholders … even stripping their wealth.
I still watch this stock, years after selling (was lucky enough to sell on our gold run when Jason was at the helm) …. But I feel for shareholders.
Let’s hope 2023 brings some more light.
I’d love to jump back in if they can actually start providing value for shareholders.
Cheyne
MCT Price at posting:
0.4¢ Sentiment: Hold Disclosure: Not Held