AXE 9.43% 24.0¢ archer materials limited

Ann: $15m successfully raised via an institutional placement, page-76

  1. 40 Posts.
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    Replying to 2105 on the other tread. I have previously raised issues with the corporate governance of AXE due to the lack of independence and small size of its' board. I welcome any appointments that brings experience, expertise and independence to the board. Bernadette Harkin meets this criteria and would like to see more as best practice is 75% independent. I am not calling for resignations but expansion. These board members are incentivised by the issue of 1,500,00 unlisted options and not the $60,000 directors fee. More appointments like todays, for such a small cost short term, will allow AXE the best possible chance of long term success.
 
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