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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Executive bonuses without refinancing should be voted no
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Post by bosstrade on Apr 15, 2021 8:56am

Executive bonuses without refinancing should be voted no

Not enough transparancey about refinaving. Without this transparency we have nothing to bench mark success except share price. When you run a company and your share price declines year after year, without dividend or transparency about how your going to turn things around, then you do not deserve a massive bonus.
These are unprecenedented times. Bonuses are for the exceptional. Nothing exceptional here.
Comment by lovehockey on Apr 15, 2021 10:00am
Bonuses? Not until its debt is higher than market cap. This would be insane to award anything in this situation.
Comment by Maxmoe on Apr 15, 2021 11:50am
I gotta agree. Management has enough options to "score" on success. Or if they are greedy, they can buy some stock. I'm riding a 4+ bagger because of the oil price, the assets, and the ridiculous pounding the stock took. Not because of anything done by management. But keep up the good work doing nothing to screw it up.
Comment by Nothingmatters on Apr 15, 2021 2:06pm
They must have something planned by now. Because by doing nothing they will lose their jobs and bonuses. Who will pay for the lambos and Rams3500?
Comment by greendaze on Apr 16, 2021 10:01pm
"Who will pay for the lambos and Rams3500?  " Maybe they have more shares to sell ? 
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