Unbelievable.
last year 879k rights for staff, this year 1978k
last year 175k rights for MD, this year 531k
curious also that rights were announced mid August last year but despite the collapse in the share price recently, announcement almost a month earlier.
there are 171m shares on issue, so we are being asked to give up 0.3% of the company to the MD and over 1.1% to the staff, on the same basis the MD for BHP would be up for $260m