NO SKIN IN THE GAME

The below are from the most recent Annual Report.

Samuel Lanyon - Salary of $99,966 USD ~ $153,632 AUD

341,401 shares held

(637,966) held by spouse

Lawrence Mehren - Salary of $87,000 USD ~ $133,705 AUD

80,000 shares held

Bronwyn Le Grice - Salary of $64,693 USD ~ $99,423 AUD

110,966 shares held

Catherine Robson - Salary of $59,275 USD ~ $91,096 AUD

(1,025,091) held by a trust named Capir

Douglas Ward - Salary of $415,000 USD ~ $637,792 AUD

225,000 shares held

The above salaries are the base amounts they receive. These are exclusive of Cash Bonuses, Annual Leaves and Superannuation which are paid.

How do they justify having such small amount of shares in the company, especially Doug?

You'd assume the BOD would have insider knowledge, hence trust or distrust in the company. They have no skin in the game, so why shall we?