When you hand over $308k for anything !!! whether it be a service or a product you expect to receive something in return for this . My issue is ….in the case of a listed ASX company the expected return from shareholders for handing over these $ is as follows
1) share price appreciation - Fail 2) contracts that increase the companies earnings base - Fail . 3) regular updates regarding future prospects of the company to maintain investor hope / interest -Fail
We continue to hand over this significant amount of money year on year but receive nothing in return
The shares are now under 1c they have more than halved under “ stewardship “ of these directors.
The directors have bugger all shares , so they seem to have no real vested interest in the stock going up so why bother being concerned about it they are saying
With a lawyer and accountant on the board it’s really just sucking fees from shareholders funds !!
Have a great weekend quack quack you know it’s true
P.S first day of June tomorrow as we count down to EOFY and yet another $250k out the door .
UNT Price at posting:
0.9¢ Sentiment: Sell Disclosure: Held
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