TDO has been on an "accelerated farm out campaign" for over 10 years . Every year the BOD present an accelerated program but all shareholders get are work program extensions for the permits. The last deal that would have made shareholders money was knocked back nearly 10 years ago being the DLS takeover. Whats the rush when your pulling $300k every year for over 10 years . And shareholders are down ~75% from listing . Remuneration is certainly not linked to share price performance or the MD would be on a lot less pay. Also taking cheap shares in lieu of cash is hardly benevolent. How about a decent cash pay cut. The only people making money from this company are the Management and consultants they outsource their work to. Certainly shareholders aren't making any gains.
When is a deal going to be done?????.
TDO Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
