LAA 0.00% 5.9¢ latam autos limited

It seams a bit amateurish doesn't it. Even offering shares at 16...

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  1. 258 Posts.
    It seams a bit amateurish doesn't it. Even offering shares at 16 cents to institutional investors. Why so low? This company has massive potential. Unfortunately the people in it seam to pay themselves to much, or at least general staff costs are very high considering so early in the development cycle. They should learn something from Musk if they want investor trust. That is don't pay yourself much (or anything in Musks case) and build something awesome, only then should they reap the rewards.
    Last edited by samkeil: 03/02/17
 
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