Here they are on their last legs having gone yet another year without making any money and what do they announce.....Performance rights. And terrible ones at that. Watch them do a CR and use this to pay a dividend in the next 3 years.
Read the room guys FFS
How's the CFO remuneration....
He's currently on $750K per annum with a further STI of $750K for "achieving certain milestones" (which have not been disclosed).
Presuming he achieves these milestones, he will take home a pay packet equivalent to 5% of the current market cap.
Plus he has 6,000,000 performance rights....
No wonder he's told poor Greg Jason to get out of the way.
Ann: Management Changes, page-3
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