Reu your sadly just a sycophant for poor corporate governance directors.
Irrespective if any news eventuates to support this capital raising which I doubt very much apart from Lekkas spin, hence current SP.
How can a responsible Chairman/CEO and MD recommend a bonus of 60% of their salaries eg AUD$515,000 for making a loss of AUD$5m ,
Based on $5m revenue target. Given the projected current burn rate of $2.5m/qtr.
You are totally nuts to be standing up for these guys.
Hopefully Lekkas tries to sue ......for what? Corporate vandalism by himself.
It's a fast way to corporate annihilation.
This company stage cannot afford these ridiculously high salaries and perks and bonuses.
Everyone should vote no to the resolutions my previous posts have suggested.
Greed is not good !
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