going through the announcement again and thinkink
Current Mkt Cap is $77.34M based on HC and closing share price of 4c. We have touched 11c in the past and if I do multiple of 77M. It is approx 231M.
Why the performance shares are based on reaching 125M, 150M and 200M when we have achieved it in the past and can go there again at the back of good news. This is setting a standard too low.
In my opinion, BOD should have set the base to be $200M, $250M and $350M for the performance shares.
Ann: Company Update-XPE.AX, page-86
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