I think it is a good gesture, regardless of who came up with the idea.
Don't forget he also owns 1million shares and lots of options that have not vested. It appear he also forfeited $2.5m of equity from previous years.
Lets say $6m on shares, $1.5m on this year's bonus and $2.5m from pervious year. Close to $10m.
I think he shares our pain a bit.
ORG value, page-8
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Last
$9.61 |
Change
0.080(0.84%) |
Mkt cap ! $16.55B | |||
| Open | High | Low | Value | Volume |
| $9.54 | $9.72 | $9.53 | $49.23M | 5.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 35763 | $9.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.64 | 64 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ORG (ASX) Chart |