Bombermadd, you never answered the question if you were related/employed/contracted by the company to positive posts.
Retire50, the point about the options is that management should get the reward once value is created for shareholders, not before. The directors get paid a salary, why is it ok to issue them options when so far they haven’t created real shareholder value. I think this listed at $0.20 many years ago. Since then the directors/employees have been paid millions and the share price is below the IPO price. Plus there is now around 500m share on issue now, ie shareholders have funded this and their salaries the whole time.
l am waiting to see the outcome of the court case and timing of it.
They have a while to go, see below before they reward themselves anymore as far as I’m concerned.
https://unauthorised investment advice/wp-content/uploads/2020/11/mining_studies_guide_four_types.jpg
Ongoing SP Discussion, page-760
-
- There are more pages in this discussion • 1,143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
