The Performance packages and options motivate board members
Moreover, there could well paid director positions for example in Carnaby (CNB)
if Delroy or other DCX owners would do the takeover in CNB by shares obtained by the 17.5% ownership
It might not be in the interest of CNB directors OR MAJOR HOLDERS to give free carried 17.5 % of the major asset
to Russell Delroy and friends. .
Largest CNB owner is at level of 4.9 % and 20 largest holders have only 35%
https://carnabyresources.com.au/wp-content/uploads/TopHoldersReportApr24.pdf
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