Yes I agree with what you say, at this stage they are building the company for the future and I think their making all the right moves, I have to keep reminding myself this is a long term investment. LOL
Performance Fees....... my cal's as of yesterday is that if the shares were 50c average on the last five days of this month ( these cal'c were discussed ) the fees would be $12,387,357 converted = 24,774,750 shares, and yes he agreed it was a huge amount, so he understood my concern of the dilution of shares, also remember that a lot of these shares are going to be given to the low paid workers which I have no problem with BUT what concerned me also was that a lot of them what sell ( say 50% ) putting further pressure on the share price.
He listen to all my concerns........ So based on the above he said it would be highly unlikely that they would take their full amount because he also dosnt want to see the sp tank, he understands that it wouldn't be a look good for the company and its share holders.
Funny thing is they rang me, not sure how they got my mobile number.
Last weekend I sent them an email and I made some very strong feelings felt because all the BS I was getting from the public relations guy and I told he so
Hope this helps
Cheers
- Forums
- ASX - By Stock
- News Clippings
Yes I agree with what you say, at this stage they are building...
-
- There are more pages in this discussion • 415 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BFC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.991M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
BFC (ASX) Chart |
Day chart unavailable