imo a 5 year term is excessive, should have been 12-24 months. Also paying him about 200k/year more than we have to, it's a simple sale that's required not management of a large team for years. 9 month notice period could also lead to an excessive termination payout.
Incentive here is to drag the Dorado monetisation out over a period of 5 years, and rights vest after a 20 day vwap over 30c so no incentive to push the deal over the line in a hurry. History repeating.....? (of snouts in the trough)
Where is our update on the monetisation of Dorado!?
imo a 5 year term is excessive, should have been 12-24 months....
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Last
18.5¢ |
Change
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Mkt cap ! $330.6M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $683.0K | 3.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 24 | 1534815 | 18.5¢ |
Sellers (Offers)
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| 19.0¢ | 338152 | 6 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
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| Last updated 15.59pm 03/05/2024 ? | |||||
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