I am looking at a potential entry here. Will be a slow burn but I like earlier entries and the potential here is enormous. Only concern I have is the registry structure and compensation. From what I understand:
- BM canning retain 78% of the company
- they also get 5% royalty of the gross price at well head
- BM directors get a decent amount of options and performance rights
- BM directors have service agreements with the company (to act on the board) totally $600k a year.
Does this seem excessive to anyone? I guess as long as they deliver it's fine and they do have the track record. appreciate anyones thoughts
I am looking at a potential entry here. Will be a slow burn but...
Add to My Watchlist
What is My Watchlist?