View Financial HealthFirebird Metals 配当と自社株買い配当金 基準チェック /06Firebird Metals配当金を支払った記録がありません。主要情報n/a配当利回り-18.9%バイバック利回り総株主利回り-18.9%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesBoard Change • 15hInsufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Independent Director Brett Grosvenor was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 08Firebird Metals Limited, Annual General Meeting, Nov 26, 2025Firebird Metals Limited, Annual General Meeting, Nov 26, 2025.お知らせ • Sep 30Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 21,333,333 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 14,766,667 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,900,000 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct ListingNew Risk • Oct 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.13m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€9.13m market cap, or US$9.88m). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change).お知らせ • Oct 08Firebird Metals Limited, Annual General Meeting, Nov 26, 2024Firebird Metals Limited, Annual General Meeting, Nov 26, 2024.New Risk • Aug 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.59m (US$9.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (95% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.59m market cap, or US$9.39m).お知らせ • Jun 13Firebird Metals Limited Announces Change of Company SecretaryFirebird Metals Limited announced that Ms Oonagh Malone has been appointed Company Secretary with effect from June 10, 2024. Ms Malone has over 15 years' experience working with ASX-listed resources companies as a company secretary and non-executive director. Ms Malone will be the person responsible for communications with the ASX in relation to Listing Rule matters under Listing Rule 12.6. As part of this change, Mr. Alex Neuling has stepped down from his role as Company Secretary. The Board thanks Mr. Neuling for his contributions to the Company since its listing on the ASX and wishes him well for his future endeavours.New Risk • Jan 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.62m (US$9.38m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.62m market cap, or US$9.38m).Board Change • Dec 30No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Dec 28Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 18,040,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,760,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,200,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Transaction Features: Subsequent Direct ListingBoard Change • Nov 03No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Oct 14Firebird Metals Limited, Annual General Meeting, Nov 29, 2023Firebird Metals Limited, Annual General Meeting, Nov 29, 2023.お知らせ • Sep 18Reach Resources Limited (ASX:RR1) entered into a binding tenement sale agreement to acquire Ashburton prospect (Tenement E09/2543) from Firebird Metals Limited (ASX:FRB) for AUD 0.11 million.Reach Resources Limited (ASX:RR1) entered into a binding tenement sale agreement to acquire Ashburton prospect (Tenement E09/2543) from Firebird Metals Limited (ASX:FRB) for AUD 0.11 million on September 15, 2023. The consideration is payable via the issue of ordinary shares in Reach Resources. The transaction is expected to complete 5 days after the date the tenement sale agreement was signed.お知らせ • Jan 31Firebird Metals Limited Provides an Update on East of Newman in the Eastern Pilbara Region of Western AustraliaFirebird Metals Limited announced excellent results from a high-purity manganese sulphate monohydrate (HPMSM) test work program, completed on manganese ore from the Company's Oakover Project, located 85km East of Newman in the Eastern Pilbara region of Western Australia. The Company's maiden HPMSM metallurgical flowsheet development program has delivered impressive results from hydrometallurgical test work and importantly, confirmed that Oakover manganese ore can be processed into battery grade HPMSM for the burgeoning battery industry. Leaching test work feed material was generated from diamond drill core from all Oakover manganese ore domains of the Sixty Sixer, Jay-Eye and Karen deposits. Multiple scouting leaching tests were completed on Oakover Mn feed, which had been crushed, screened and scrubbed, but not beneficiated further (ore sorted/DMS) and then ground to below 0.5 mm prior to leaching. The most recent scoping test program utilised combined selected pregnant leach solutions (PLS) obtained from the earlier leaching test work on Oakover ore. The PLS was subjected to a sequence of typical impurity removal steps, followed by crystallisation of crude manganese sulphate. The crude manganese sulphate was then redissolved and recrystallised and washed to produce HPMSM crystals. High precision trace element analyses for typical impurity elements was conducted to determine impurity levels in the crystals and estimate the overall purity of >99.8% manganese sulphate monohydrate by difference. Levels of individual impurity elements listed in the Manganese Sulphate for Battery Materials Specification (HG/T 4823-2015) were all within specified limits. Importantly, hydrometallurgical test work success is the first major step required for developing a process for production of HPMSM for the Battery Industry. Firebird will now prioritise ongoing process flowsheet development and optimisation studies to further enhance process design and product quality, along with completion of a high-purity manganese sulphate scoping study. The importance of manganese within the lithium-ion battery sector for use in electric vehicles continues to grow. Manganese is an important element within the battery cathode industry and in particular, plays a critical role in NMC (Nickel, Manganese, Cobalt) batteries. It is estimated around 90kg of Manganese is used per average electric car (CPM Group). Electric vehicle and battery cathode manufacturers have expressed a desire to increase manganese content to improve battery and electric vehicle cost competitiveness, while maintaining energy density. The growing electrical vehicle market and battery cathode changes will lead to greater demand and growth for HPSMM.Board Change • Nov 18No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Jul 07No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • May 13No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.決済の安定と成長配当データの取得安定した配当: 7Y2の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 7Y2の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Firebird Metals 配当利回り対市場7Y2 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (7Y2)n/a市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Metals and Mining)1.4%アナリスト予想 (7Y2) (最長3年)n/a注目すべき配当: 7Y2は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 7Y2は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 7Y2の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: 7Y2が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 13:10終値2026/05/20 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Firebird Metals Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Board Change • 15hInsufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive Independent Director Brett Grosvenor was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 08Firebird Metals Limited, Annual General Meeting, Nov 26, 2025Firebird Metals Limited, Annual General Meeting, Nov 26, 2025.
お知らせ • Sep 30Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 21,333,333 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 14,766,667 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,900,000 Price\Range: AUD 0.15 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct Listing
New Risk • Oct 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €9.13m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€9.13m market cap, or US$9.88m). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change).
お知らせ • Oct 08Firebird Metals Limited, Annual General Meeting, Nov 26, 2024Firebird Metals Limited, Annual General Meeting, Nov 26, 2024.
New Risk • Aug 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.59m (US$9.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 3.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (95% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.59m market cap, or US$9.39m).
お知らせ • Jun 13Firebird Metals Limited Announces Change of Company SecretaryFirebird Metals Limited announced that Ms Oonagh Malone has been appointed Company Secretary with effect from June 10, 2024. Ms Malone has over 15 years' experience working with ASX-listed resources companies as a company secretary and non-executive director. Ms Malone will be the person responsible for communications with the ASX in relation to Listing Rule matters under Listing Rule 12.6. As part of this change, Mr. Alex Neuling has stepped down from his role as Company Secretary. The Board thanks Mr. Neuling for his contributions to the Company since its listing on the ASX and wishes him well for his future endeavours.
New Risk • Jan 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.62m (US$9.38m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.62m market cap, or US$9.38m).
Board Change • Dec 30No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Dec 28Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.Firebird Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 18,040,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,760,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,200,000 Price\Range: AUD 0.125 Discount Per Security: AUD 0.0075 Transaction Features: Subsequent Direct Listing
Board Change • Nov 03No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Oct 14Firebird Metals Limited, Annual General Meeting, Nov 29, 2023Firebird Metals Limited, Annual General Meeting, Nov 29, 2023.
お知らせ • Sep 18Reach Resources Limited (ASX:RR1) entered into a binding tenement sale agreement to acquire Ashburton prospect (Tenement E09/2543) from Firebird Metals Limited (ASX:FRB) for AUD 0.11 million.Reach Resources Limited (ASX:RR1) entered into a binding tenement sale agreement to acquire Ashburton prospect (Tenement E09/2543) from Firebird Metals Limited (ASX:FRB) for AUD 0.11 million on September 15, 2023. The consideration is payable via the issue of ordinary shares in Reach Resources. The transaction is expected to complete 5 days after the date the tenement sale agreement was signed.
お知らせ • Jan 31Firebird Metals Limited Provides an Update on East of Newman in the Eastern Pilbara Region of Western AustraliaFirebird Metals Limited announced excellent results from a high-purity manganese sulphate monohydrate (HPMSM) test work program, completed on manganese ore from the Company's Oakover Project, located 85km East of Newman in the Eastern Pilbara region of Western Australia. The Company's maiden HPMSM metallurgical flowsheet development program has delivered impressive results from hydrometallurgical test work and importantly, confirmed that Oakover manganese ore can be processed into battery grade HPMSM for the burgeoning battery industry. Leaching test work feed material was generated from diamond drill core from all Oakover manganese ore domains of the Sixty Sixer, Jay-Eye and Karen deposits. Multiple scouting leaching tests were completed on Oakover Mn feed, which had been crushed, screened and scrubbed, but not beneficiated further (ore sorted/DMS) and then ground to below 0.5 mm prior to leaching. The most recent scoping test program utilised combined selected pregnant leach solutions (PLS) obtained from the earlier leaching test work on Oakover ore. The PLS was subjected to a sequence of typical impurity removal steps, followed by crystallisation of crude manganese sulphate. The crude manganese sulphate was then redissolved and recrystallised and washed to produce HPMSM crystals. High precision trace element analyses for typical impurity elements was conducted to determine impurity levels in the crystals and estimate the overall purity of >99.8% manganese sulphate monohydrate by difference. Levels of individual impurity elements listed in the Manganese Sulphate for Battery Materials Specification (HG/T 4823-2015) were all within specified limits. Importantly, hydrometallurgical test work success is the first major step required for developing a process for production of HPMSM for the Battery Industry. Firebird will now prioritise ongoing process flowsheet development and optimisation studies to further enhance process design and product quality, along with completion of a high-purity manganese sulphate scoping study. The importance of manganese within the lithium-ion battery sector for use in electric vehicles continues to grow. Manganese is an important element within the battery cathode industry and in particular, plays a critical role in NMC (Nickel, Manganese, Cobalt) batteries. It is estimated around 90kg of Manganese is used per average electric car (CPM Group). Electric vehicle and battery cathode manufacturers have expressed a desire to increase manganese content to improve battery and electric vehicle cost competitiveness, while maintaining energy density. The growing electrical vehicle market and battery cathode changes will lead to greater demand and growth for HPSMM.
Board Change • Nov 18No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Jul 07No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • May 13No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). CFO, Finance Director & Executive Director Wei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.