3DP 7.58% 6.1¢ pointerra limited

Executive guts the company of any $ (near a million to Randy and...

  1. 45 Posts.
    lightbulb Created with Sketch. 30
    Executive guts the company of any $ (near a million to Randy and Ian), goes onto raise at 3c per share:
    https://hotcopper.com.au/data/attachments/6255/6255521-7e23e7486e70f9890db15e3628912e1d.jpg

    This is the definition of lifestyling and a mistake that will last the remainder of Pointerra’s short life.

    It’s all well and good to take a trim now but that is REACTIVE. The damage has already been done with coffers being near empty the duration of FY24.

    Directors have strict obligations to act in a company’s best interests. Has the above remuneration been to the benefit of Pointerra, shareholders and growth?

    I’ll leave that for you to decide.

    On a side note, I cannot comprehend making reference to ARR in reports while the number itself remains MIA. RECURRING revenue must be extremely low. Circa $1- $3m at most (licence renewal only).
 
watchlist Created with Sketch. Add 3DP (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
-0.005(7.58%)
Mkt cap ! $53.13M
Open High Low Value Volume
6.7¢ 6.7¢ 6.1¢ $47.96K 768.3K

Buyers (Bids)

No. Vol. Price($)
2 58885 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 26008 2
View Market Depth
Last trade - 10.36am 24/07/2024 (20 minute delay) ?
3DP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.