They're underpaying Laz so they can afford to pay at least a decent salary for him right? I'm surprised that the market is holding this up even at these levels. Why do I get the feeling that WHA is living off the funds raised for the JV? When it comes to actually commission and pay up for the costs will they not be short of funds? Maybe they are planning on hyping something at that time to raise some more cash, I mean after all Laz did participate in the last capital raise right.... oh wait...
Even on that $600k p.a. he didn't have any money to back his own capital raise.
WHA Price at posting:
89.5¢ Sentiment: None Disclosure: Not Held