I respect what you are saying possum.I wish I have enough fund...

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smartar

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23/11/22

12:47

Post #: 64940470
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Originally posted by possum2: ↑

Tremeer,

""Given Trevor's total package paid by VRC for last FY was $406, 808; I think he should be spending all his working hours on getting Bunyu into production and managing VRC.

Is this expectation fair?
I am interested in everyone's thoughts...particulalry Possum's thoughts.""

The question that you should be asking is whether Trevor's involvement in another company is impeding his ability to successfully manage the affairs of running Volt simultaneously.
That is a question only Trevor can answer. However I consider him to be a person of integrity and therefore I can only hope that if he thought his activities were being compromised by being involved in another company he would not have accepted the position with Victory Goldfields in the first place. Again, only Trevor knows the answer to that question..

In relation to what people earn is a subject that we can all debate. Personally I think all Directors are over paid. I also think that politicians who serve two terms and resign from that position and then get a pension of over $100,000 for the remainder of their lives is a disgrace.
I also believe that EPL soccer players are getting way too much money for kicking a soccer ball around a paddock. The average player is earning in excess of 12.5 million Australian dollars or 7.5 million British pounds if you prefer, annually . This is happening when billions of people in the world are facing hardship every single day, living in conditions that quite frankly are not acceptable.

My simple answer to the above is, it is what it is. We might not agree with it, but unfortunately we can't change it .

BUT, when one owns shares that are listed on the ASX everyone has a choice to either suck it up or take your investment money elsewhere. If you are not happy with the performance of the Director, you can choose to sell and move on. And yes, it might mean you will lose some of your original investment. But if you honestly do not have the confidence in the person who is in charge, how in gods name do you think you will ever recover lost monies by remaining as a shareholder. It's a question that should be addressed by each individual.

Not sure if I have answered your question to your satisfaction but that's how I see it Tremeer..

Cheers.

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I respect what you are saying possum.
I wish I have enough fund to clear those selling orders, we all know the HUGE potential of Volt, but who is wrong if we believe Mr.Market is always right?

Sad to see our sp halved in such a short period of time, management team needs to prove their ability to run the ship.

I am still holding tightly for long term.

But I do agree with lots of posters pointed previously, our board needs to have a serious review.

VRC Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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Last 0.5¢		Change -0.001(16.7%)		Mkt cap ! $20.79M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.4¢	$9.695K	2.059M

Buyers (Bids)

No.	Vol.	Price($)
34	20792877	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	875907	1

View Market Depth

No.	Vol.	Price($)
34	20792877	0.004
16	11715382	0.003
8	10541525	0.002
10	24867000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	875907	1
0.006	16667976	20
0.007	8650504	13
0.008	6845168	15
0.009	7095060	8

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 0.5¢		Change -0.001 ( 0.00 %)
Open	High	Low	Volume
0.5¢	0.5¢	0.5¢	556291
Last updated 13.19pm 06/05/2024 ?

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I respect what you are saying possum.I wish I have enough fund...

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