All revealed at AGM. I won't go into sneaky actions by director, but indeed they are sneaky.
You may have brought in at 2 cents, but there are plenty of others with 10 cent plus holdings.
The question of salary these Directors, Jeff Steketee and Jim Durrant seemed to have farmed out non-Cadloe work, all they had to do was get the finance for Cadloe and they couldn't. They made out they did.
More importantly at this point in time they have no / extremely little work, not even arbitration to occupy there time. They are syphoning money legally via their enormous salaries.
Just because they have 'skin in the company', does not mean they sh are better off. Guys on $350,000 are putting together / project managing complicated operations. Raisama has nothing to project manage, Blade is the leading hand / operator.
Come October good ridens to them. Just remember let's hope Blade directors don't have it in for these two Raisama directors, but at this point in time it is likely. Comments from Blade would not be flattering. It is us sh who will pay the most, whilst these two directors draw their enormous salaries
RAI Price at posting:
1.7¢ Sentiment: None Disclosure: Held