RE:RE:RE:RE:CompensationAgreed. I should have further clarified the BS remarks. The burn is an issue unquestionably however AUSA's current asset liquidity is a spring board for developing a US strategy. Dilution certainly is a question mark for me, looking forward to seeing how this gets answered by DeMott and Booth's group.
RisingUp wrote: I think PK is being facetious. Sort of. The sensitivity is the feeling that management has been doing quite well for themselves, in the face of dwindling share value.
BTW, totally agree with your comment on the dodged bullet re: CBD crash and not being left holding a Folium bag. I don't completely agree with your comfort on the balance sheet. The burn rate is concerning and the worry - particularly with the talk of another cash raise around the Passport deal - is that we'll get diluted before we have take off. Probably quite tactful of the gang to hold off on releasing compensation deets until they have the deets ready on the strategic package, which I expect with the circular in the next week or two.
I'd be happy to see another run of insider buying. The Spring bump was reassuring (also contributes to the votes they need to keep the status quo).