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Aberdeen International Inc T.AAB

Alternate Symbol(s):  AABVF

Aberdeen International Inc. (Aberdeen) is a Canada-based global resource investment company and merchant bank. The Company is focused on small capitalization companies in the rare metals and renewable energy sectors. Aberdeen’s primary investment objective is to realize returns by investing in pre-IPO and/or early-stage public resource companies with undeveloped or undervalued quality resources. The Company’s strategy is to optimize the return on its investments over a 24 to 36-month investment time frame. The Company’s investment portfolio consists of nine publicly traded investments and 14 privately held investments. The Company focuses on augmenting its investment strategy with a focus on renewable energies, particularly the hydrogen sector. The Company has investments in industries, such as base metals, lithium/energy, health, precious metals, agriculture, clean energy, and others.


TSX:AAB - Post by User

Bullboard Posts
Post by naeden99on Sep 14, 2012 1:54pm
174 Views
Post# 20364537

G&A for Quarter > 10% of Market Cap

G&A for Quarter > 10% of Market Cap

Wow.  They paid themselves $3.9 mm in the quarter vs market cap of $34 million.  I'm not sure how a bonus can be justified at all given the losses and one of that size is absurd. 

It may have been a payment to George Faught for stepping down.

Bullboard Posts