3.4Billion. That's the number of shares that are on issue.
$1.4Million. What the directors pay themselves annually (down from a whopping 1.8M a year ago). $302,500 of that is WH salary.
They speak of share holder value yet their actions are driving the share price further into the ground.
Honestly if no deal is reached and soon you can say good bye to share holder value as they will keep doing the rounds for more $$, more dilution and share holder expense.
IF Management are truly interested in restoring value here corrective and decisive action needs to be taken.
- Lesson admin fees by HALF (truely a joke atm)
- Secure funding for LC (from the sounds of things its not a fire sale and they just need to take a step to stop value being undermined)
- Move forward with Gold project
There are other wild cards at play but until some of the above happen I do not believe this company will be restoring value any time soon......
Director renumeration
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.719M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $21.29K | 2.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2525862 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 508318 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LCL (ASX) Chart |