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14.5¢ beam communications holdings limited

BCC on The Call, page-10

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176 Posts.

120

23/10/23

10:52

Post #: 70480572
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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?

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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
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(20min delay)
Last 14.5¢		Change -0.005(3.33%)		Mkt cap ! $12.53M

Open	High	Low	Value	Volume
14.5¢	14.5¢	14.5¢	$4	31

Buyers (Bids)

No.	Vol.	Price($)
1	10000	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	44321	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.140
1	40000	0.135
1	38546	0.130
1	8333	0.120
2	9500	0.115

Price($)	Vol.	No.
0.145	44321	1
0.150	88297	2
0.160	4285	1
0.180	11700	1
0.200	25000	1

Last trade - 09.59am 08/10/2024 (20 minute delay)

BCC (ASX) Chart