I agree. Marketing this will be very important.. On the MD side have not heard anything so suspect it is just rumours at this point.
I think if the shareprice does not go up around JORC then questions around the board (not just MD) have to be asked including whether a more appropriate representation would make more sense. From what I can see it looks to be shaping up to be a reasonable resource and it is the boards including MD's responsibility to market this successfully. I know the market is general is under pressure but companies that have strong marketing teams and a good resource are still being relatively rewarded. This is definitely not the case with LMB.
From last years Annual Report Renumeration report, Richard Trevillion was paided $549,674 in total renumeration. So of it was stated as "special". However, for this type of money in a small cap I expect a very strong positive performance. Given this year dismal share price performance if the share price is not at least at a premium to the 20c placement last year I would expect no bonus or incentives for any of them and really shareholders should then ask some hard questions at the Annual Meeting.
I really hope it doesn't get to this and the current board can bring this share back to life.
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I agree. Marketing this will be very important.. On the MD side...
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1.5¢ |
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Mkt cap ! $7.693M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.5¢ | $6.417K | 389.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 695000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.7¢ | 156750 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 695000 | 0.012 |
4 | 1055103 | 0.011 |
2 | 120019 | 0.010 |
10 | 1988610 | 0.009 |
5 | 971666 | 0.008 |
Price($) | Vol. | No. |
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0.017 | 156750 | 1 |
0.019 | 455429 | 1 |
0.020 | 127545 | 1 |
0.023 | 400000 | 1 |
0.024 | 25000 | 1 |
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