WIA 3.70% 14.0¢ wia gold limited

CEO Appointment, page-10

  1. 5,667 Posts.
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    Glad I only took a tiny position a few months back.. share price has crashed despite a VERY robust Gold price in both AUD$ and US$

    Not sure why this was previously so loved and holders were so desperate to sell down at a lost (unless its being Van Eck'ed like most other ASX goldies are getting ) -- anyway the greedy incentives this CEO will get will only serve to shackle the SP and dilute the overall share pool having an additional dampening effect .. oh yeah now we have an additional 1/4 million dollar expense and we are yet to even dream of a revenue stream.. they no something but haven't told the market? typical but still only the board look like profiting here as holders will own cheap shares and management will get phat on incentives ... penny stocks on the ASX are 95% a rort!
 
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