Just a few observations:
- the $300K is cumulative, so covers all non-executive directors of IAM
- it includes super
- this expense reduces NPAT, so impacts MF's performance shares profit targets
- "pay peanuts, get monkeys" - I'm very happy with the calibre of NED's we have on board, so I don't really see it as a big issue. I would rather pay a bit more knowing we have well connected and industry-relevant NED's, that will help us get the next big deal across the line and make the $300K seem inconsequential.
Think big picture guys and keep your eye's on the prize !
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Open | High | Low | Value | Volume |
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2 | 128307 | 0.020 |
1 | 688535 | 0.019 |
1 | 345696 | 0.018 |
1 | 1000000 | 0.017 |
Price($) | Vol. | No. |
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0.026 | 220000 | 1 |
0.028 | 1000000 | 1 |
0.030 | 780000 | 2 |
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