RE: Spineless CaptainSwag9 May 2022 11:19
"In other words, right now, director remuneration is broadly in line (if not slightly lower) to peers."
ODX is loss making, given the dire cash position, directors remuneration is entirely sourced from ongoing fundraising, and this is not a business that is in early stage development, where that might be acceptable, ODX is almost the exact opposite of that, the 'promise' is gone, in my opinion, a company whose share price is actually worth less than its nominal SP. If this last fund raise attempt doesn't save the company, they are out of options ("the options for the Company were extremely limited", to quote the RNS), and to me the potential fundraise is way under what they actually need...but of course if the primary purpose is simply to provide for salaries for another while......
Which other peers have taken a £1+ SP company and under their direction, turned it into a <4p SP company.