My reading of the relevant releases is:
1. 5c rights were 2024 STI rights, they've been fully converted in May this year. We agreed to those at the 2024 AGM.
2. New proposed 2025 STI rights are progressively set from 10c (the max benefit of these is if the SP increases to 15c), 15c, 20c and 25c. We get to vote on these at the 2025 AGM. Refer the appendix to the recent ASX release.
These proposed rights are clearly an incentive to grow the current share price so we all win!. Again if we win doing nothing surely Grant should for all his efforts!
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