3DP 34.0% 6.3¢ pointerra limited

You'll be glad to know that Pointerra staff and board would,...

  1. 1,713 Posts.
    lightbulb Created with Sketch. 3765
    You'll be glad to know that Pointerra staff and board would, without hesitation, take a salary haircut to preserve the cash position of the business if it was needed. smile.png

    Quoting the webinar Pointerra uploaded to YouTube (listening from 23:10 onwards): "If we need to, without hesitating, staff and board would take a salary haircut, if that was needed, to preserve the capital or the cash position of the business, and make us not have to come back to the market to raise money in these times, which is where the valuations clearly aren't great."



    The "where the valuations clearly aren't great" comment from the quote above was made at the time when the share price was around the blue line below:

    https://hotcopper.com.au/data/attachments/6143/6143478-e1355ba3d3c299c840e90e8a048799a4.jpg

    I don't think we've seen any salary haircuts to preserve the cash position of the business as of yet (it looks like the opposite has happened, see below), but perhaps we'll see salary haircuts in Director's Report later this year? smile.png

    https://hotcopper.com.au/data/attachments/6143/6143435-5b9e67ed1654d38db4ecfd6bfb2f9a0e.jpg

    https://hotcopper.com.au/data/attachments/6143/6143436-54c433c96c35193f69fd676e9488d6ec.jpg
 
watchlist Created with Sketch. Add 3DP (ASX) to my watchlist
(20min delay)
Last
6.3¢
Change
0.016(34.0%)
Mkt cap ! $50.71M
Open High Low Value Volume
4.8¢ 6.8¢ 4.8¢ $908.7K 15.23M

Buyers (Bids)

No. Vol. Price($)
1 15769 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 8807 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
3DP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.