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Fair comment mowibbleI've never actually made reference to their...

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stormer

18,053 Posts.

1665

29/09/23

12:08

Post #: 70095203
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Originally posted by mowibble: ↑

Stormer it isnt my intention to defend the board here, as it is clear that the market has not agreed with their strategy as given by the shareprice performance, but I think the CEO bashing over the last 7 months by 2 or 3 individuals has been, respectfully, a bit manipulative in its intent, so i've gone to the trouble of adding up how much each of the directors have earned vs how much they've invested (not including the last 12 months.

It may surprise you to hear this, given you are also pretty skeptical about their backing of the company, but both directors have put $4 million each into share issues and option conversions over 5 years prior to FY2023, but collectively taken $3million between them in salary, putting them at a net deficit of $5m, or $2.5m a piece.

That isnt exactly the picture that either you, AWY, or Scarlett have repeatedly attempted to paint, and I genuinely believe that they will be desperate to not lose $2.5m each purely to keep a salary going at a net average loss of $500k a year each.

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Fair comment mowibble

I've never actually made reference to their salaries as being excessive or to their personal investments being small

But the company is where it is..no denying that

CDX Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.0¢		Change -0.015(12.0%)		Mkt cap ! $32.35M

Open	High	Low	Value	Volume
13.0¢	13.0¢	11.0¢	$83.20K	712.3K

Buyers (Bids)

No.	Vol.	Price($)
3	466948	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
3	466948	0.110
3	157847	0.105
6	262833	0.100
2	50500	0.096
1	14794	0.092

Price($)	Vol.	No.
0.115	20000	1
0.120	90679	2
0.125	99567	1
0.130	25164	2
0.135	26000	2

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