ATU 0.00% 0.5¢ atrum coal limited

Ann: Prospectus, page-6

  1. 85 Posts.
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    Apologies FY 17.
    Not bad for a guy that didn't do anything for the company, regardless of why he left.
    Another poor management appointment.
    It's one consistent thing with this co, reappointment of positions, issuing of "performance " shares.
    A big part of dilution can be attributed to issuing of shares to management/ directors. It really has to stop. We only have minimal cash in the bank.
    Another cap raising for actual production will only come from further diluting....
    Next stop... 1 billion shares/ options.
    Perhaps the management can set some beneficial ( to the shareholders)milestones for their BS performance shares/ options
 
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