Hmm! So the CEO's performance shares i assume were based on a performance criteria that was approved by shareholders and the board?
I assume (as i am too lazy ATM to look this up) That the targets have been met.
Is it unusual to be upset about a CEO meeting the performance targets?
This should be great for the company isn't it?
Understand we had some dilution but we now have year on year revenues with costs coming down and profit up.
Nice little add to my stash today and have some buys in at lower prices as well.
For some reason i do not feel like i am catching a falling knife. Far from it.
I Looking forward to more of this as the year unfolds.
“When we look at our target for FY18 which was set some 12 months ago it was to achieve total
revenues of $10million but we recently provided guidance to suggest that we should easily achieve
more than double that target amount in FY18 and we anticipate our current revenue growth rates to
continue over the coming financial year.”
STL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held