ELE 0.00% 0.5¢ elmore ltd

vote no to cedric’s performance shares, page-33

  1. 2 Posts.
    Xinxai should be given the bonus incentives, the government has given us the land and cedric is going to order the plant. Last i checked he wasn't a scientist or engineer, unless he is bitter about having to repay his loan on his options and actively sabotages i dont really see how he is the most important factor in success anyway.

    Not to mention the amount is just stupid, over a million dollars for ever cent of SP, so if the project boosts the price upto 5-10c that we have all been waiting for cedric could walk away with a cool 5-10 mil after years of botching everything touched.

    Such a rooky move by FS throwing good money after bad trying to cover their losses, they should stick to trading blue chip stocks.
 
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