Yep, fundamentals are great. Instos keep getting looked after and now we have 10 billion SOI.
The number one job of any publicly listed company is to create value for shareholders. So like it or not, we have this major disconnect between the growth of our fundamentals and our SP.
And I’m not asking for or expecting an unrealistic SP, just a bit of slow, sustainable growth that incorporates all the usual ups and downs the market dishes out.
But our SP is where it was in September 2021.
So while management have hit all these great milestones, the manner in which they’ve been achieved hasn’t created value for shareholders in almost 24 months. This is the black and white of it and no point comparing SYA to other Li plays that have been managed differently and have created significant shareholder value in the same period.
And now the BOD want to drop their snouts in the trough again for performance benefits. Faaaa$$$$&&&&&!
Softening us all up by meeting Loui is just plain disingenuous. And if they do manage to pull a rabbit out of a hat just prior to July 17, that’s probably worse IMO.
Old mate Crawf can’t even get the maths right and we’re gonna approve a lazy 555,556 share handout?
Sad thing is, I bet they all get approved and when they do, no point whinging about it. It’s like living in Victoria and listening to everyone complain about Teflon Dan. If you voted for him, you got what you voted for.
Have a Kraken weekend all!
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