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3.0¢ matsa resources limited

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OldCar

498 Posts.

75

30/08/23

13:19

Post #: 69637114
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Originally posted by z550469: ↑

The shareholder value destruction is ridiculous. I pulled up the last 5 annual reports and have a look at what these 3 ‘executive’ directors are pulling from the Company each year. Talk about hand in the cookie jar. Then when you look a little deeper, Poli has not 1 but 4 related party companies….surely ASIC would be questioning this?

They are an exploration company with 3 executive directors (no independent directors either..) who are sitting on $954,000 a year to do what? Piss off our new JV partner? Fly in the pointy end to Thailand? Destroy the share price even further? More dilutive cap raises. When are shareholders going to wake up and realise the stink that’s going on in this company. Poli needs to go, along with the rest of the Board. Reset the management, reset the company.

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hopefully Delphi climbing up the register will kick them out.

MAT Price at posting: 3.3¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 3.0¢		Change 0.002(7.14%)		Mkt cap ! $16.51M

Open	High	Low	Value	Volume
3.0¢	3.0¢	3.0¢	$1.353K	45.1K

Buyers (Bids)

No.	Vol.	Price($)
1	37037	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	23076	1

View Market Depth

No.	Vol.	Price($)
1	37037	0.027
6	1043753	0.026
2	325000	0.025
1	27000	0.024
1	400000	0.022

Price($)	Vol.	No.
0.031	9874	1
0.032	295052	3
0.036	155000	3
0.037	179100	1
0.040	50000	1

Last trade - 11.01am 07/06/2024 (20 minute delay)

MAT (ASX) Chart