1MC 2.33% 4.4¢ morella corporation limited

Ann: Altura To Undertake A$28 Million Financing Package, page-38

  1. 15,510 Posts.
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    The Directors uptake of $15.5m is a HUGE investment in comparison to their Directors annual Wages/Performance rights declared in 2018 Annual Report page 20:

    J Brown $928,820 (Including Cash, Cash Bonus, Super and Performance Rights)
    P Mantell $580,294 (Including Cash, Cash Bonus, Super and Performance Rights)
    A Buckler $107,332 (Including Cash, Cash Bonus, Super and Performance Rights)
    D O’Neill $120,472 (Including Cash, Cash Bonus, Super and Performance Rights)
    B Kuan $120,472 (Including Cash, Cash Bonus, Super and Performance Rights)
    Z Tong $91,689 (Including Cash, Cash Bonus, Super and Performance Rights)

    Therefore combined total remuneration for all of these Directors was $1,949,079 in 2018 so therefore they are willing to put up 7.95 times what their combined earnings p.a. are into this company .... It's a bigger deal than people are giving them credit for IMO ..... I have been invested in company's where some Directors haven't even bought shares totaling 1 years Director's Fees let alone some that haven't even bought and shares at all, who instead prefer to just hold the freebies (performance rights) they get from time to time - just sayin' ??

    Big confidence vote IMO (Insert applause for Directors here)
    Last edited by col69: 07/02/19
 
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