I’m with you, I think directors are significantly overpaid given the share price has failed to perform and they’ve missed way too many targets time and again. The very fact the directors are overpaid is the reason why the share price is low and will go lower. Quite simply, company funds are not going where they need to, hence preventing the potential growth, it’s really that simple.
I’ll most likely be selling and putting the money under a mattress, at least I’ll lose less than keeping it parked in this dud.
Such a shame, as I wanted to support Australian energy independence.
CTP Price at posting:
10.0¢ Sentiment: Sell Disclosure: Held
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