Australia's largest stock trading and investment forum Australia's #1 stock forum

SCL

Click for more information

0.00%

45.5¢ schrole group ltd

I agree stinks to high heaven and not a convincing response at...

First 19 Last

Share
Profile

Follow
Marlin1895

13 Posts.

3

22/09/20

11:47

Post #: 47529597
Share

Originally posted by Thorium1: ↑

I think the original intent was to hit those sales targets by selling the product. My view is that the board should have renegotiated this arrangement as soon as the ISS deal was done because 60% of the revenue that was coming in was exiting directly to them. In reality, other than the deal with ISS, very few customers have been added to the system. It makes me dubious of the recent renegotiation whereby SCL negotiated a higher % but ISS customers can exit at the end of 2 years. Was this deal done to hit the figure to trigger the performance shares? Seems to me that the CEO has control over the board not the other way around.

Expand

I agree stinks to high heaven and not a convincing response at all. Cant see this being the end of it. Bought into this before the perf share announcement and now wondering what tf I've got myself into here.

SCL Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

There are more pages in this discussion • 36 more messages in this thread...

First 19 Last

Add SCL (ASX) to my watchlist

(20min delay)
Last 45.5¢		Change 0.000(0.00%)		Mkt cap ! $16.36M

Open	High	Low	Value	Volume
45.5¢	45.5¢	45.5¢	$391.9K	861.4K

Buyers (Bids)

No.	Vol.	Price($)
6	732872	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	297071	8

View Market Depth

No.	Vol.	Price($)
6	732872	0.455
5	221241	0.450
5	281235	0.445
1	20000	0.440
1	25000	0.425

Price($)	Vol.	No.
0.460	297071	8
0.465	70000	2
0.470	60000	2
0.475	264000	2
0.480	417500	2

Last trade - 15.26pm 19/06/2024 (20 minute delay)

SCL (ASX) Chart

SPONSORED BY