UUL 0.00% 8.0¢ ultima united limited

PrawnstarSure, these guys are doing a stellar jobThat's why they...

  1. 885 Posts.
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    Prawnstar

    Sure, these guys are doing a stellar job

    That's why they just issued themselves with a bucketload of options

    But what's even better is that they did it at a VWAP over recent prices - absolutely zero incentive for them to lift another finger for the next 12 months

    Whatever happened to making the directors actually trying to create shareholder wealth and THEN getting their in the money options.

    Instead of continually blaming the weather, why not look at projects in areas that can create a steady stream of news for current shareholders or potential investors....or does that just make too much sense?

    Lots of corporate backslapping going on at UUL and zero of anything that actually does anything for shareholders...ie, the people that own the company.

    I will stunned when I see an announcement from this company that indicates they're actually undertaking some exploration.

    Marchello
 
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