Remarkable statement below from AhaLife regarding its founder and former CEO Shauna Mei, and former President Sachin Devand (Shauna's husband).
This implies that Shauna Mei and Husband Sachin were milking their start-up for $600,000 in salaries plus a massive expense account in addition to huge stock option packages. Then upon being sacked, they are not even replaced. Their roles are simply filled by existing team members!
One wonders by who, or did they not add any value at all? The shareholders should make an enquiry.
Letter attached to ths thread from Ahalife on May 10, 2017:
"In addition, and in relation to future cash expenditure the Company has recently undergone a number of structural changes, including the departure of its CEO & President, whose roles were filled by existing team members, thereby reducing operating costs substantially."
Ann: Response to Appendix 4C Query, page-2
Add AHL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.0¢ |
Change
-0.060(7.59%) |
Mkt cap ! $64.21M | |||
| Open | High | Low | Value | Volume |
| 73.5¢ | 73.5¢ | 73.0¢ | $42.81K | 58.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34137 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 12500 | 1 |
View Market Depth
| Last trade - 15.46pm 02/12/2024 (20 minute delay) ? |
| AHL (ASX) Chart |
