SUV 1.96% 5.2¢ suvo strategic minerals limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-6

  1. 142 Posts.
    lightbulb Created with Sketch. 92
    if i were ceo, i would take a substantial pay cut (70% down from 500k) (kobi) and utilise those funds for delivery.

    but to ask for further shares without providing evidence to the market that you are deserving of both
    the shares or keeping your current pay grade is absurd.

    i would like a 6th option to be tabled and raised by other substantial holders to reduce the boards members\directors pay by a minimum of 50% to fund delivery and future day to day activities,
    as this would show that there is a direct ongoing commitment from the company that the deals will bear fruit and not just hot air and\or wasting time.
    with a clause that the salary amounts will be returned to previous levels if there is large additional deals delivered and acceptable SP movements\target reached for investors.

    note: i've met kobi(last year) and seen some evidence of products, however the current actions and movements are appalling.
 
watchlist Created with Sketch. Add SUV (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
0.001(1.96%)
Mkt cap ! $50.24M
Open High Low Value Volume
5.3¢ 5.5¢ 5.2¢ $47.45K 890.0K

Buyers (Bids)

No. Vol. Price($)
3 180000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 200000 1
View Market Depth
Last trade - 15.36pm 23/05/2024 (20 minute delay) ?
Last
5.4¢
  Change
0.001 ( 3.85 %)
Open High Low Volume
5.3¢ 5.4¢ 5.3¢ 142300
Last updated 14.10pm 23/05/2024 ?
SUV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.