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Good point. It seems that management wants the performance share...

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Roger2828

132 Posts.

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09/06/21

14:12

Post #: 53742496
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Originally posted by RedRocket005: ↑

I'm with TT - I'm bullish on KTD
I think the past has been to set up this FY
I believe management has set up all the cost outs, and all those forward purchasing etc etc etc at the end of last FY so that we can get all those expenses out of the way for management to go after the $3m EBITDA and possibly the $6m EBITDA performance target shares... I know if I was management I would do the same thing, no one works for free...
I think the $4m drop in cash last 4C has shocked the market, although was all part of the plan to have a good result this FY and cash in - which I'd be happy to pay as a shareholder if the results were attained.

Obviously only time will tell, but my chips are on the table for this one ! Good luck all

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Good point. It seems that management wants the performance share milestones hit by March 2022, including SP $0.65 , perhaps ex founders do not want that SP hit.

Might as well jump on the coat tails of performance shares.

KTD Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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