KNO 0.00% 3.8¢ knosys limited

I guess it's my objection to a trend I see happening at the...

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  1. 203 Posts.
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    I guess it's my objection to a trend I see happening at the moment where these tech start-ups list and then pay themselves handsomely with the proceeds. They certainly weren't paying themselves these salaries pre-listing.

    Hi Firsova.

    I have no queries regarding the product. I love that management has plenty of skin in the game, the small market cap etc. and overall I think we'll be successful.

    However, the company is currently running at a loss. When the company becomes successful i.e. starts running at a profit then we can discuss appropriate salaries.

    Also on a side note. Surely someone is getting paid there to inform us of a possible sales pipeline, discussion with potential clients, how the product is being received in the marketplace etc.

    Okay. rant over. I'm a holder and will happily wait this out. A client or two in the current financial year would be nice.
 
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