performance rights for what....?
-successfully bottoming BRL this year and picking up some shares via the buy back and at their own personal gain at cheap as chips price,
-producing no dividend for shareholders,
-losing a court case (i know they are appealing but unless they pull a rabbit out of their ass its seems like they have shot themselves in the foot),
-and finally for not marketing and communicating with retailers (where's the port updates, the dredging, the institutional investor pick up announcements to boast, etc...)
personally i think with regards to share performance, communication, and frank openness they shouldn't have the gall to suggest performance rights... but i guess greed and power tend to make the head swell.
my question for the AGM (given i cannot attend) - they state they will buy up to maximum of 75 million share or 11.25 million AUD over a year, with the timing and number of shares bought dependent on SP and market conditions...
-aren't these market conditions good enough? at a year low price to go ahead with more vigorous buying and reset the SP to where we should be?
- what will they do with the rest of the money? if they don't spend it fully on the buy back- will that go towards a dividend or a nice midwinter party or holiday for the directors?
- Forums
- ASX - By Stock
- Ann: Notice of Annual General Meeting/Proxy Form
performance rights for what....? -successfully bottoming BRL...
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
85.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5177 | 85.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5177 | 0.850 |
1 | 3971 | 0.845 |
1 | 2630 | 0.830 |
1 | 10000 | 0.800 |
2 | 5050 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 2500 | 1 |
0.855 | 47984 | 1 |
0.865 | 30978 | 2 |
0.870 | 5000 | 1 |
0.880 | 15247 | 2 |
Last trade - 07.45am 03/05/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |
Day chart unavailable
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online