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6.4¢ oakridge international limited

Ann: Update on Media Intelligence Co. Pty Ltd, page-76

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Stuie1977

240 Posts.

18/06/17

23:09

Post #: 25346070
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Originally posted by passiveprofit ↑

Thanks for your response. I'm referring to the total number of shares outstanding being increased, not each shareholder loosing total share asset value. As you mention, the share holders will still have the same percentage of the company, but it would be represented by an 50% increase in the number of shares they own. So the value of the shares would therefore drop by 33% as a result.

My concern is that there would be no increase in value to the shareholders (just more shares at a lower price). So it's not really a reward. If they are serious about rewarding shareholders, they should reduce excessive expenditures such as management salaries, which are in effect financed by high interest loans and by increasing the float, selling new shares. I note tha the CEO on moving to USA can also claim up to US$12,000 per month for living expenses - that's one example of how they plan on living high whilst the investors in the company loose their share's value. http://www.asx.com.au/asxpdf/20160629/pdf/4386fbqzc0q7z8.pdf.

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That's only if they are relocated to US (which I don't think he is doing.....they might do it if one of those big companies in the US take up the ADRC?), but besides that a based salary of $200K is what director earn isn't it?

XPE Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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Last 6.4¢		Change 0.004(6.67%)		Mkt cap ! $1.727M

Open	High	Low	Value	Volume
6.4¢	6.4¢	6.4¢	$513	8.021K

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No.	Vol.	Price($)
2	14135	6.0¢

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Price($)	Vol.	No.
6.4¢	3369	1

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1	100000	0.059
1	82000	0.055
1	55000	0.053
1	100000	0.046

Price($)	Vol.	No.
0.064	3369	1
0.065	28474	1
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0.175	22450	1

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