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02:53
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Originally posted by MoneyDan:
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I don't. I think it's extremely important that CEO's understand what the general public feel about their company, hence Jimmie looking through HC where the majority of shareholder discussions of the stock are taking place. Understanding what your shareholders wants and frustrations are presents opportunities within your business to look for avenues of improvement. Again, he's only done this one time. This was through a period where everyone was bagging the company heavily due to the massive share price drop stemming from the pump and dump. CI1 is Jimmies life, he lives and breaths his company, and I guess that one time he saw it as a personal attack. Doesn't really excuse it, but Id rather him be angry than just not care at all. Shows he's passionate and dedicated.
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If you are referring to 2018, there was a one off $2.1m spent on listing on the ASX, so the normalised profits were $1.9m and they've only done over $1m once since then in 2020 ($2.5m). Actually before listing in 2017 they did $1.7m so profits are a bit all over the place.
(20min delay)