Well my vote (already cast, via personal account, kids trust and SMSF) is a clear and absolute No!
i am, have been, and continue to be a long term supporter of this project.
However I absolutely refuse to reward a management performance graph that looks like this.
If this were my performance in corporate - I could have possibly raised a good defence in March QTR, been on performance management by July QTR, and staring at a pink slip and a very bleak christmas, by November.
I would certainly not be looking at (or expecting) a bonus, increased renumeration and Freebie options.
Again - this project has amazing numbers, huge potential and substantial institutional support, and is the most advanced of its peers. I believe in the project.
However without clear and consistant communication, status updates and shareprice growth, this will become a takeover target play in the $1 range. And possibly lower.
I maintain that without leadership this company will never get to production and will be taken over at a pittance of its value (This may even be the exit strategy for the current BOD).
Having initially invested in 2017, I am still well in the green, and I continue to buy as at these levels as it represents good value over my 5 year timelines, but pitiful performance against its industry peers. (Thats if VRX even exists in 5 years, and isnt a subsiduary of mitsubishi)
I am yet to see ANYTHING that changes my mind as to directorial bonuses. however im open to seeing or hearing any alternative perspectives.
APO!
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $775 | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 0.030 |
2 | 200000 | 0.029 |
1 | 100000 | 0.028 |
2 | 160000 | 0.027 |
1 | 300000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 25000 | 1 |
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.034 | 12900 | 1 |
0.036 | 286529 | 1 |
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