RSH 17.9% 3.3¢ respiri limited

Ann: Results of Meeting, page-2

  1. 108 Posts.
    lightbulb Created with Sketch. 46
    So it looks like everybody is happy ?
    90%+ majority on every resolution, including handing themselves tens of millions options at vesting prices below what the share price was when they took over! That's OK we will just move the goalposts to guarantee a big pay day.
    Again operationally everything sounds fine and it is just a matter of signing these contracts and expanding the patient user numbers until cashflow positive and self funding in 2024.
    Why the f,,k then is the SP at 3 cents? There is a real disconnect I am struggling with, why aren't investors jumping on board?
    Do they doubt the capabilities of the current management and Board to deliver?
    The shareholders have given them a resounding tick of approval again today.
    Be interested to hear what others think.
 
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