RFX 0.00% 9.7¢ redflow limited

Ann: Redflow undertakes capital raising, page-45

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  1. 9,516 Posts.
    lightbulb Created with Sketch. 925
    6% pfttt

    If the CEO halved his pay for a couple of years it would be all square!!!?? What no gravy in the gravy train for 2 years and then reap the benefit of a extra 600k in development or simply funding pods?

    That is the problem for a long time so many $ and time all burnt and not gone into product. Inability to meet timeline and spending a decade traveling and spruiking at great shareholder expense a product that was effectively not able to be made at scale. The lack of disclosure over warranty provision and discussion of how they can get that off the balance sheet is deplorable.

    Paying a premium for people learning on the job IMO on shareholders coin.
 
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