the concerning thing is he is on a salary matching managing directors of companies in asx200 with nothing to show for it. The credit raise was paid for by pumping the share price through a third party (paid for by shareholders). His track record is bare, with no major discovery and shuffling between companies. It looks bad but will give the guy the benefit of the doubt and like to see him back the company with his own money. I mean the guy is on over 250k a year, plus income from side hustle which has seen more action than his listed company. His skin in the game so far has all come from performance rights, and his intention is to tie in more slices of the pie with any acquisition we come up with. It all looks terrible at the moment but it only looks terrible as no one has heard from the guy in two years. Address the shareholders, put to bed any concerns, and start driving exploration, not just minimal digging to maintain a couple of tenements. Here is hoping the concerns are put to bed asap and the company can once again start moving forward.
all personal opinion and not advice.
MAN Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)