I only represent 535,000 shares, but I agree something has to change, so I would sign.
In my opinion the directors should agree to be paid in 5c share options until the company becomes profitable, with cash salaries ONLY paid out of profits.
I'd go further and say that it would be a good thing if corporate law dictated that it was illegal for ANY Australian company to pay cash salaries to directors other than from profits. This might seem harsh, but when a company is unprofitable its share price tends to be lower, so their reward for returning the company to profitability would be having amassed share options at a relatively lower price and therefore their pay packets would ultimately be higher than a cash salary... but unlike now, inextricably linked to performance.
Just one of the many changes I will make when I become dictator![]()
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Mark Bouris Please Stand Down, page-6
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $15.43M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.4¢ | $19.67K | 364.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 170555 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 170555 | 0.055 |
1 | 190000 | 0.052 |
1 | 100000 | 0.051 |
1 | 30000 | 0.050 |
1 | 100000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 3000 | 1 |
0.059 | 5810 | 1 |
0.060 | 40421 | 2 |
0.063 | 10000 | 1 |
0.064 | 50055 | 1 |
Last trade - 10.54am 15/07/2025 (20 minute delay) ? |
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CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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