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ALC

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6.3¢ alcidion group limited

Ann: Quarterly Activities Report & Placement Announcement/App 4C, page-50

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AlexisGTI

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02/11/23

10:49

Post #: 70684630
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Originally posted by JayWin: ↑

This is what happens when a company has poor corporate culture (or I guess the millennials call it great corporate culture because everyone can work from home, get paid $130k-190k per year, and have no KPIs nor accountability).

That culture seems to permeate throughout this organization starting from the top. Kate’s own comp is $700k+ and she earns that regardless of success or failure.

A high base salary is a company killer UNLESS it has top notch corporate culture, forged for years and perhaps even decades, of WINNING.

Almost all organizations I have watched will fail if they combine high wages with overstaffing and no performance culture.

Exceptions are
- Investment banks like Macquarie, but they have a corporate culture of winning. Great for shareholder returns.
- The big miners, but they are essentially monopolies.
- Governments and public service, but they can’t get sacked.

Announcing staff cuts and belt tightening would send a positive signal to the market. But Kate and her senior team would be too afraid to do that. It goes against the softies of this current generation and I am sick of it.

ps: I’m a millennial myself, so I can call all this shit out

Expand

All the women’s awards and “diversity and inclusion”’programs… sent an email about this weeks ago to halt all such programs until we are making a profit.

ALC Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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Last 6.3¢		Change 0.003(5.00%)		Mkt cap ! $84.60M

Open	High	Low	Value	Volume
6.0¢	6.3¢	6.0¢	$54.91K	897.4K

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No.	Vol.	Price($)
2	134492	5.9¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
2	134492	0.059
2	251740	0.058
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7	585415	0.056
4	995769	0.055

Price($)	Vol.	No.
0.063	146999	2
0.064	43238	1
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0.067	44790	1
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