Something of substance better happen for shareholders because after 12 months it looks very poor. Most announcements have been immaterial and that is reflected in ESH not even being able to cover the direct platform costs let alone all of the other business expenses. The CEO now gets performance rights for the first year of employment. Obviously, the criteria for this must be as low as it's revenue. Company reports don't lie. This is what has been delivered in 12 months of this administration , or some of the not so flattering highlights - $319K in revenue $4.229 mill in expenses $3.91 mill in losses Capital raising diluting shareholdings by 50% 50% drop in share price (1.6c to 0.8c) CEO package that exceeds the total revenue of the company for the past 12 months and now gets additional bonus for performance rights. Shares worth $72K for overseeing losses of 3.91 mill and a salary package exceeding the total revenue of the company. Red flag territory
ESH Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
