IGN 0.00% 8.5¢ ignite limited

News: IGN Ignite's HY Revenue From Cont Ops Fell 16.6% To A$56.74 Mln, page-17

  1. 272 Posts.
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    Wish you well Jaymarket. Hope you have a sh*t load of shares because even up 500% there is not a lot of money to be had unless you can sell them. Most days no trade, yesterday $100 worth of trades, today around $1K worth of trades. Very Slow burn.

    Unfortunately the Appointment of new CEO with Tim’s background is about 8 years too late as there is no longer any critical mass of anything. ( clients, staff, PSA’s, specialist brands, geographical locations etc)

    Also I think $350K salary is too high for a company with a market cap of $5M. However, given there is little left to salvage it is worth a punt. Hope he lasts longer than previous CEO’s!

    No axe to grind, just don’t understand how Garry can still be involved after 8 years of massive failures and him lining his pockets. Have not seen this with any other public company.

    GLTAH
 
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