BUD (ASX) Ann: December 2021 Monthly Appendix 4C

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Domske

658 Posts.

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03/02/22

16:14

Post #: 59335159
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Originally posted by Kmtw: ↑

It doesn't really matter where the sp is when you can just keep issuing yourself more shares because you've surrounded yourself with a complicit board.

DM announces record revenue, then asks for a suspension because he can't count. He has screwed up so bad the company almost goes belly up and stays suspended for about three months, trapping investors with massive losses while the independent directors run for the exit. In come the "sophisticated" investors to save the day thinking 2.5c was value. The sp continues its steady decline toward 1c. Then the CEO decides it's time to "value" their performance and pay themselves in shares at 1.2c (probably ignorant to his own incompetence and expecting the sp to go up).

No, if DM had any dignity he would have his "performance" (and RB) paid in options with an exercise price of around 5c.

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I’m literally at the point where I might as well ride it too zero or hope that it pops one day, I dunno

Originally posted by Kmtw: ↑

It doesn't really matter where the sp is when you can just keep issuing yourself more shares because you've surrounded yourself with a complicit board.

DM announces record revenue, then asks for a suspension because he can't count. He has screwed up so bad the company almost goes belly up and stays suspended for about three months, trapping investors with massive losses while the independent directors run for the exit. In come the "sophisticated" investors to save the day thinking 2.5c was value. The sp continues its steady decline toward 1c. Then the CEO decides it's time to "value" their performance and pay themselves in shares at 1.2c (probably ignorant to his own incompetence and expecting the sp to go up).

No, if DM had any dignity he would have his "performance" (and RB) paid in options with an exercise price of around 5c.

Expand

Originally posted by McKhenry: ↑

Yes, no chance of last lot of figures, don't know where to from here to be honest, more waiting around for the next 4C, how many years we been saying that for now???

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BUD Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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