GTK - Gentrack

[winner69]

Touch and go with 5 handle anytime.

And 5 it is

That 10 bucks will happen sooner than later I reckon …

[waikare]

And 5 it is

That 10 bucks will happen sooner than later I reckon …

What time frame are giving GTK to reach $10.winner69, are you talking per Christmas or a bit longer.

[winner69]

What time frame are giving GTK to reach $10.winner69, are you talking per Christmas or a bit longer.

A year or two but well in time for the execs to get that GINORMOUS bonus …or is a HUMUNGOUS bonus

[Rawz]

Daylight robbery that bonus

[waikare]

A year or two but well in time for the execs to get that GINORMOUS bonus …or is a HUMUNGOUS bonus

Any bonus whatever its called would be nice, Winner they haven't paid out much in the last few years. June 2019 the dividend was 5 cents (SP $5.62) and Dec the same year was 3 cents (SP $3.80)

[sb9]

And 5 it is

That 10 bucks will happen sooner than later I reckon …

Yep 5 and bit more. Could get to 10 sooner than we can expect, as Milford pretty much mopped most available stock off NAOS (National Nominees Aus) and if they intend to hold on, there wouldn’t be much available on market combined with some positive updates and outlook, bidding could push sp higher faster. Am sure Gary and Team has got some cunning plan to get their bonus.

Btw, voted against the special resolution, as much as I would love the execs to be rewarded for their hard work and efforts, this one borders close to being too greedy and excessive.

[blackcap]

I wonder if they are going to update the market this year as they normally do.....

Of would that make a mockery of the EPS hurdles?

Something not quite right here. As a shareholder, you really need to vote NO.

[Jaa]

84.6% in favour

Who were the lambs that voted for the management money grab?

[sb9]

84.6% in favour

Who were the lambs that voted for the management money grab?

Not really surprised by this, although personally I voted against. Will listen to video link later on and figure out what went on there.

[Jaa]

Not really surprised by this, although personally I voted against. Will listen to video link later on and figure out what went on there.

Here's the link to the meeting. Watch Gary's body language, he looks away after tough questions and drinks water after the question about share price tricks is read out.

Thanks to Oliver Mander for the excellent questions and the shareholder who asked how long will it take if this program is renewed for management to own the whole company!

Gentrack has been built up over decades, for these guys to come and potentially take so much equity for 3 yrs work that they are also paid very well for is simply outrageous. I have owned Gentrack shares for longer than that and don't have that much to show for it. No idea what the major shareholders were thinking voting for this.