two things that company MUST do to reduce dilution and cash burn
1. Scale back Simon’s remuneration package. Its been growing so much larger over the last couple of years (including those big performance bonuses). Whether or not you think his professional skills and performance warrants $650,000 per year, shareholders cannot afford to support this any longer
2. Withdraw support for the Ord Valley Muster. I assume Boab sponsored this event to curry favour with NAIF. But NAIF recently told BML to piss off so its just a waste of money at this point. That money can be used instead for Simon’s salary and bonuses or pay the company’s electricity bill and keep it solvent for a bit longer
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $26.08M |
Open | High | Low | Value | Volume |
14.0¢ | 15.0¢ | 13.0¢ | $113.8K | 812.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 118899 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 10387 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 80004 | 0.130 |
7 | 150384 | 0.125 |
9 | 352332 | 0.120 |
10 | 397825 | 0.115 |
9 | 349000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 40387 | 2 |
0.140 | 108402 | 5 |
0.145 | 80000 | 2 |
0.150 | 99791 | 4 |
0.155 | 245362 | 6 |
Last trade - 15.15pm 21/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
  |
Change
-0.010 ( 3.70 %) |
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Open | High | Low | Volume | ||
14.5¢ | 15.0¢ | 13.0¢ | 630023 | ||
Last updated 15.55pm 21/05/2024 ? |
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