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2.44%

4.2¢ pointerra limited

Far out - Ian and Randy are taking the piss. They should be...

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kevg91

2,249 Posts.

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03/05/24

13:49

Post #: 73651347
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Originally posted by glutenfree: ↑

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.

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:

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?

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Far out - Ian and Randy are taking the piss. They should be taking more stock based comp, not straight cash

3DP Price at posting: 3.7¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.2¢		Change 0.001(2.44%)		Mkt cap ! $33.81M

Open	High	Low	Value	Volume
4.1¢	4.2¢	4.1¢	$1.514K	36.41K

Buyers (Bids)

No.	Vol.	Price($)
2	33347	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	100000	1

View Market Depth

No.	Vol.	Price($)
2	33347	0.042
1	43731	0.041
4	40348	0.040
4	309050	0.039
5	190815	0.038

Price($)	Vol.	No.
0.044	100000	1
0.046	13500	1
0.047	5505	1
0.048	12837	1
0.050	9708	1

Last trade - 11.59am 11/11/2024 (20 minute delay)

3DP (ASX) Chart

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