I agree, there seems to be a weird argument here, "they get their pay in shares" vs. "why don't they put their money where their mouth is and buy into ESH?".
They are electing to take 0 dollars in pay, per week / fortnight / month, and that's coming in the form of shares. How is that not buying into the company? It's just done in a different process.
No doubt at this stage in life, they are all set up with many income streams, and at the current time, they can afford to take payment as shares.
I have mentioned my conspiracy theory on the reason the SP has been driven down, due to the fact these guys and gals are being paid in shares haha, but actually think about that for a second....
At these share price values, and their annual salaries, they are going to dilute the SP even more, but also take % share very quickly.
A 500k salary in shares is 2.5% of the current MC at this price. Multiply that by a few directors (I know salary goes down a bit) but after a few years, they have a good % holding.
now I'm just rambling...
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Last
1.5¢ |
Change
0.001(7.14%) |
Mkt cap ! $8.908M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $186 | 12.37K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37783 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 256843 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 37783 | 0.015 |
10 | 891523 | 0.014 |
6 | 466999 | 0.013 |
5 | 931666 | 0.012 |
2 | 310000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 256843 | 4 |
0.017 | 749827 | 4 |
0.018 | 286519 | 2 |
0.019 | 201904 | 2 |
0.020 | 1609169 | 6 |
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