I do not see a problem with a bit of directors fee increase. Remember that selling more products in a growing international market will create more than likely extra work for the directors.
Happy for the increase if they provide good guidance at the AGM. One figures they will.
Agree, probably deserve more, but the process is like the the local Council getting an “ independent report” from their chosen outfit to report on Salary scales. We know what happens.
But for me the outlook now looks better than when the sp was 8.9c so next few days will be interesting. Would be great to know if the Seller who made the disclosure a few weeks ago is still in the market. Someone will know.
Pat
Prediction is hard even with the crystal ball.
Agree, probably deserve more, but the process is like the the local Council getting an “ independent report” from their chosen outfit to report on Salary scales. We know what happens.
But for me the outlook now looks better than when the sp was 8.9c so next few days will be interesting. Would be great to know if the Seller who made the disclosure a few weeks ago is still in the market. Someone will know.
So does anyone anticipate they might start paying a dividend any time soon?
As I understand it dividend is not planned for some time.
Any spare funds are likely to be used for research so more evidence of health benefits can be gathered of existing products. And also research for new probiotics.
Marketing and growing the company will also take priority over dividend I would inmagine.
BLT business model is a bit like ATM's model. But BLT is about a decade behind in the growth curve and even ATM does not pay dividend.
There was substantial shareholder notice about 6 weeks ago, a woman with a surname like li had sold millions of shares, and perhaps reduced holding to less than 5%. Someone will have better memory. Notice not shown now on Blis web site.
Pat
Prediction is hard even with the crystal ball.
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Originally Posted by justakiwi
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