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Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-19

  1. OhThePain
    43 Posts.
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    05/01/24
    10:37
    Post #: 71738000
    The fact that is "discretionary" & subject to three variables that haven't been quantified means that return is happening.

    Contrast that to the precise wording for performance incentives to vest " a sale of $80M".

    Both outcomes designed to benefit four shareholders
    CE1 Price at posting: 10.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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