in top20, you only need to follow one name, that is Kengrove Capital, which has decreased their holdings from 700k@45c option to 400k, so they cannot wait to sell.
and the top20 in 2016 held around 54% without Wendy Wing, today it reduced to 47% including 6% of Wendy Wing placement
and in annual, the only number I was interested in is how much MD makes, and it turns out he takes home over 500k, no wonder he chose to jump boat from his ex employer, the ex CEO was on modest 180k from my memory.
in 2016, Executives took home $624k increased from $527k in 2015. today, MD alone took home over 500k, the whole board take home over $1.2m
I suggest MD next time put out presentation outlining bottom line growth instead of top line.
I somehow feel sorry for the ex CEO, and long term shareholders, which seems have been taking for a ride
XTE Price at posting:
47.0¢ Sentiment: Sell Disclosure: Not Held
