BCC beam communications holdings limited

just a casual 600k to keep an underperformer on the books that...

  1. 2,051 Posts.
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    just a casual 600k to keep an underperformer on the books that executes 'per clear directives'. You may as well just not have a CEO and put a stranger, off the streets, on $150k as a puppet CEO.

    in what world does a $6M MC company spends 10% of its cap on a CEO that devalued the company and robbed it of any future growth opportunities?

    This CEO is languishing in the shadows of its failure, there is no recovery from that.

    1. He now either follows the directives and does not innovate out of fear of recent failure (terrible outcome for the SHs).
    2. He tries to innovate but does to the same level of success as last time (terrible outcome for the SHs)

    The only reasonable option for the SHs (if BCC is attempting to save capital and redistribute it to the SHs) is to go into capital preservation mode (600k CEO-dummy is not it) to accumulate its cash for either restart of a growth strategy in a few years or just redistribute to SHs.

    A failed CEO, operating out of USA on ridiculous salary is not required in all of the above.
 
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(20min delay)
Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $11.66M
Open High Low Value Volume
13.5¢ 13.5¢ 13.5¢ $810 6K

Buyers (Bids)

No. Vol. Price($)
1 50000 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 100000 1
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Last trade - 12.32pm 30/07/2025 (20 minute delay) ?
BCC (ASX) Chart
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