Australia's largest stock trading and investment forum Australia's #1 stock forum

OMN

Click for more information

1.74%

87.5¢ onemarket limited

Fair points. Hopefully it isn't more than a minor distraction...

First 21 Last

Share
Profile

Follow
vagabond84

296 Posts.

25

09/07/18

19:41

Post #: 34236699
Share

Originally posted by Jimmy_C ↑

Agree that the dispute over contingent consideration mightn't be a material financial issue (might only be a few million dollars or less, peanuts in the context of the overall business), but having senior management in dispute with the business over personal financial outcomes can end up costing the business a lot more than the amount that's being contested if management becomes disengaged. At best it's a minor distraction, and at worst it results in management throwing toys out of the cot and not working as diligently as they should to grow the value of the business - unbelievable as it may seem, i've literally seen highly paid senior personnel sit at their desks playing solitaire and minesweeper for almost 12 months while a remuneration dispute was on foot, and the amount of value destroyed by management reacting in that way certainly exceeded the amount that was being disputed.

Expand

Fair points. Hopefully it isn't more than a minor distraction for OMN, but I guess when you have glassdoor reviews like they have, the potential for a worse outcome is something to keep in mind.

OMN Price at posting: $1.04 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

HMI

Global Lithium up 13% as it joins the ranks of battery metal players pivoting to gold

OAR

Chris Judd's Talk Ya Book: Orthocell building on 'enormous potential' with steady growth - and US push to come

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 73 more messages in this thread...

First 21 Last

Add OMN (ASX) to my watchlist