POS 33.3% 0.4¢ poseidon nickel limited

due to current deterioration in cash balance and need to reduce...

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    due to current deterioration in cash balance and need to reduce expenses i think it would be sensible for management and board to have a significant portion of there salaries payed in shares with a escrow period until first shipment, shareholders have fronted up more than enough capital in recent years its only reasonable that management and board start putting a bit of skin in the game and not just seeing pos as a lifestyle company, i feel management are doing there best given market conditions but unreasonable that there not sharing the financial pain and should do there part in reducing cash outflow , or they could just take a pay cut
    Last edited by lesv: 24/07/23
 
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