more so I’ve started to see through the wool mate. I just don’t think that if you’re telling investors that you want to be the next atlassian yet as owners you are living lavish lives paying yourselves outlandish salaries for a loss making company, for me that just didn’t sit right. As owners they should be paying themselves modest salaries and putting a lot of the funding back into the company if they want to walk the talk.
Actually taking in-depth time to read the report, I was left on numerous occasions thinking “that doesn’t sit right with me, especially from a loss making company.”
living like rockstars on borrowed money, open your eyes.
so much potential, but frankly, if it falls flat tomorrow the owners still walk away millionaires and the investors are left with “but we were so close to being huge”.
LVT Price at posting:
40.0¢ Sentiment: Sell Disclosure: Held