ZLD

0.71%

70.0¢ zelira therapeutics limited

you really still holding Ronald?

First 12 Last

Share
Profile

Follow
FiSaver

2,087 Posts.

569

03/07/24

15:22

Post #: 74589999
Share

Originally posted by RonaldMcdonald: ↑

Gentlemen. I may be a lowly fast food chain mascot, but I do think we’d all benefit from the provision of evidence to back up our statements, so I’ll lead by example.

By way of revision for context, I’m refuting the assertion that the management team are a bunch of overpaid criminals, with ill intent towards shareholders as several of you seem to be suggesting.

GW Pharma is a company that achieved wild success I think we can all agree, but that success was not at all certain in 2014 when they had not completed even one Phase 1 FDA trial for any of their cannabinoid drugs. Although the share price was significantly higher than that of Zelira atm, the company was far from ‘de-risked’ and their share price was based on bullish investor sentiment over any concrete value as nothing was yet approved (and wouldn’t be for another 4.5 years).

With that context, lets have a look at the salaries of GW Management for 2014 then shall we?

See below:

Rather well paid wouldn’t you say?

Let’s compare now against Zelira management in 2023 as per the last report, see below:

Clearly, it is not unusual in any way for Executives on a highly speculative and unproven Biotec to be paid very well to get the organisation to the point where it IS SUCCESSFUL.

Kinda makes sense when you think about it, life ain’t a charity and highly skilled peoples time isn’t free. So if the chairman, who appears to be on a modest salary compared to his GW counterpart in 2014, puts up $1.4 million of his own money for a very risky endeavour that benefits many other than him alone, why the hell shouldn’t he be compensated for that risk? It’s basic business crew, where else is the cash coming from?

Expand

you really still holding Ronald?

ZLD Price at posting: 33.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

HLX

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

There are more pages in this discussion • 9 more messages in this thread...

First 12 Last

Add ZLD (ASX) to my watchlist

(20min delay)
Last 70.0¢		Change -0.005(0.71%)		Mkt cap ! $7.943M

Open	High	Low	Value	Volume
73.5¢	73.5¢	70.0¢	$1.176K	1.633K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	67.0¢

Sellers (Offers)

Price($)	Vol.	No.
70.0¢	1846	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.670
2	5881	0.650
1	3000	0.630
1	9000	0.600
2	3187	0.560

Price($)	Vol.	No.
0.700	1846	1
0.710	484	1
0.720	286	1
0.735	14095	1
0.750	813	1

Last trade - 16.10pm 30/08/2024 (20 minute delay)

ZLD (ASX) Chart

you really still holding Ronald?

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Lendlease sells off US east coast construction operations in latest global divestment push

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

you really still holding Ronald?

Top Stories

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

The Calmer Co’s Anthony Noble reflects on record breaking FY24

Helix investor makes partial takeover bid, proposing board changes

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Lendlease sells off US east coast construction operations in latest global divestment push

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News