BCC on The Call, page-10

First 10 Last

Share
Profile

Follow
cetra

212 Posts.

142

23/10/23

10:52

Post #: 70480572
Share

Originally posted by jaluma: ↑

Tend to agree with most of the sentiment here, but with a couple of caveats.

Director Mark Chartres is taking his fees this year as out of the money options (.30 excise) two year term.
Doubt he will make that mistake again!!

Michael is massively overpaid for the returns he has generated for shareholders.
There is no justification to pay Michael $900k while the market cap is below $20m.
Michael and the Chairman need to be responsible for cleaning up the mess they created with the ZOLEO JV.
Once the JV mess is sorted, we need a new Chair to set the direction moving forward.
New Chair should work with Michael for 12 months and see if he is worth keeping.
While also looking at someone who can come in and take over and take Beam to next level.

If satellite internet is the big opportunity out there (ie: Starlink), it doesn't feel like Beam are best positioned to grow exponentially as this happens. Who is the next leader who can take us there?

Expand

Agree with the general sentiment of your post, but Michael has been MD since 2008! He hasn't made money for anyone except himself.

The company should recognise this and move on ASAP. We could literally hire three quality operators (e.g., CEO, COO, CMO) using his absurd salary.

BCC Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 10 Last

Add to My Watchlist

What is My Watchlist?

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)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $11.23M

Open	High	Low	Value	Volume
13.0¢	13.0¢	13.0¢	$20	157

Buyers (Bids)

No.	Vol.	Price($)
1	29843	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	28920	2

View Market Depth

No.	Vol.	Price($)
1	29843	0.130
1	2500	0.120
1	44000	0.115
2	77281	0.110
3	1005000	0.100

Price($)	Vol.	No.
0.140	28920	2
0.145	96500	1
0.150	16767	1
0.155	30694	1
0.190	7900	1

Last trade - 11.17am 16/06/2025 (20 minute delay)

BCC (ASX) Chart

BCC on The Call, page-10

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

BCC on The Call, page-10

Top Stories

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

This stock is crafting a cure for Huntington's – and it's making progress

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News