Potential for 30-60c valuation range now . Still seems cheap to me
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Potential for 30-60c valuation range now . Still seems cheap to me
I remember when I had A2 milk for $0.50 and sold them for a dollar . thought I was very clever.☹
Brilliant, 100% gain atpit. Back then A2 was a shonky totally unproven product health benefit wise, in fact im still not 100% sure its beneficial. My mistake ,it didnt really matter if it was or wasnt.
Envirosuite Limited (“the Company”) advises that following the integration of EMS Bruel & Kjaer Holdings Pty Ltd, the Chief Executive Officer, Peter White has entered into a new employment agreement with the Company. A summary of the material terms are set out below:
• Base salary: $300,000 (exclusive of superannuation)
• Short-term Incentives (STI) of up to 30% of base salary in each financial year based on a broad number of financial and non-financial performance measures including EBITDA growth as well as risk management, staff satisfaction and other executive leadership functions. Quantification of the individual STI targets where relevant is not fixed in the employment agreement and will be determined each year by the Board with reference to the annual budget, business planning and circumstances of the Company.
• Share based Long-term incentives:
Subject to shareholder approval and subject to the Company’s share price achieving the prices set out in (i) to (iii) below by 30 June 2023, the CEO will be issued new fully paid ordinary shares for nil consideration as well as a retention incentive based on the CEO remaining in the employment of the Company as per (iv) below:
(i) 1,000,000 fully paid ordinary shares, in the event that the Company’s share price as listed on the Australian Securities Exchange (ASX) reaches $0.50 per share and remains at or above $0.50 per share for a continuous period of 30 days thereafter;
(ii) 1,000,000 fully paid ordinary shares if the Company’s share price as listed on ASX reaches $0.75 per share and remains at or above $0.75 per share for a continuous period of 30 days thereafter;
(iii) 1,000,000 fully paid ordinary shares if the Company’s share price as listed on ASX reaches $1.00 per share and remains at or above $1.00 per share for a continuous period of 30 days thereafter;
(iv) Retention
Subject to shareholder approval, the CEO will be issued 500,000 fully paid ordinary shares if he remains in the Company’s employment as at 30th June 2021, and a further 500,000 fully paid ordinary shares if he remains in the Company’s employment as at 30th June 2022.
Current SP 16c
50-75c in3 yrs would be good and was nearly 40c last oct .
On the up just now. Great team and communicate well.
Yes. The capital raise in the lower 20s didn't help and drop the share price accordingly 2. Then covid hit dropping another 60% like some others.... They have had some good people join the team in the last year and Macquarie have 7.8%..