I am sure this will be voted down, as it should be. Whilst $200M in revenue is a great achievement it is not worth the value of these shares that will be issued for no consideration. The bar is too low ($400M is where it should be for this sort of pay day), 5 years to achieve is too long (2 years maximum) and they want a pay day for a takeover even where they have not achieved the revenue target and there is no minimum share price takeover trigger which may warrant the payday. If they had set the target at $400M revenue within 2 years or a takeover above $1 per share - i would consider voting for this massive pay day.
Oleg - you are doing a great job but you have been well paid and have been issued enough shares. if you want to really shoot for the fences for a huge pay day - make the target significantly harder. IMO given the macro situation, I would be disappointed if DRO doesnt hit $200M revenue in 2 years by continuing as they are.
- Forums
- ASX - By Stock
- Ann: Notice of General Meeting/Proxy Form
I am sure this will be voted down, as it should be. Whilst $200M...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.24 |
Change
0.055(4.66%) |
Mkt cap ! $1.077B |
Open | High | Low | Value | Volume |
$1.18 | $1.25 | $1.16 | $13.08M | 10.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5865 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 37064 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5865 | 1.230 |
3 | 12682 | 1.225 |
10 | 35339 | 1.220 |
1 | 10000 | 1.215 |
4 | 28589 | 1.210 |
Price($) | Vol. | No. |
---|---|---|
1.235 | 32000 | 2 |
1.240 | 13000 | 2 |
1.245 | 20561 | 5 |
1.250 | 122019 | 23 |
1.255 | 21284 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
DRO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online