Your so naive. We are sitting at near all time lows and the placement shares hit the investors accounts on the 18/10/22. Then the shares will be at least sold to 2.1-2.0 and going lower due to the free options. PP has said the lubricen in house production will take till April/May next year and cost aud$1m. There will be another cr in 6-8weeks and it will be less than 2.2c.
PP should be withdrawing these grossly over generous performance shares (no performance) and cutting back costs and future cutting the waves of himself and Jeff Edwards’s in half as they add up to 50% of revenue.
Rose glasses off this is very serious this company is a basket case of inept largess and performance.
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