i was happy to see what the board could come up with until I saw...

First 119 Last

Share
Profile

Follow
JackSpark

732 Posts.

135

10/07/24

18:09

Post #: 74695818
Share

Originally posted by Spudd57: ↑

Read the FAQ.
I think the board did the best anyone could in this situation. Certainly better than any of the moaners, groaners and conspiracy theorists here on hotcopper could do..
Management will continue to see through the sale and all administrative duties up until Leo has no further obligation to this project.
They will generate revenue through consultancy services.
I'm also interested to see what possible opportunities they may come up with.
This team brings a wealth of experience and skill sets as well as the valuable contacts within the industry they have nurtured; and, (as I see it), that is the value they bring to the table.
As far as I'm concerned, I'm sticking with LEO.

I can afford to park my share holding with Leo until this comes to a conclusion.
Everyone's take on this is different depending on their situation.

Just my opinion, don't care what anyone else thinks at this stage.
Best of luck all.

Expand

i was happy to see what the board could come up with until I saw they are trying to reward themselves for a complete failure.
so they win when we lose and they win when we win? sounds like a pretty fking sweet gig to me!
hopefully these bonuses and remuneration get shot down and the board aligns themselves more closely to the success of shareholders because right now it's in my eyes it us vs them

LLL Price at posting: 50.5¢ Sentiment: Sell Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

What each US election outcome would mean for Australian companies & investors

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too