WAK 0.00% 5.0¢ wa kaolin limited

Ann: Share Purchase Plan Results, page-9

  1. 131 Posts.
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    At some point this will become unpalatable. The original owners have substantial share holdings out of the float and very generous options and bonuses. Over time the company and other shareholders may want to evaluate how to minimise this royalty payment or possibly buy it out.

    Seems a little like having their cake and eating it too.
 
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