I have added up Share appreciation rights 3,727,272
Executive Performance rights 145,161 fy14
418,518 fy15
Management Performance rights 47,426 fy14
338,448 fy15
Total 4,678,825
This is too many rights for 2 years and hurdles are too low. Share price 30/6/15 was 48c.
Shareholders received 3 c in dividends.
Company bought 106,141 shares in buy back.
20 years from now directors will take over ownership of company.
Or existing shareholders will be diluted to non existence.
Ann: Appendix 3B - Share Appreciation Rights, page-2
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $66.02M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 29.0¢ | $31.43K | 108.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 92905 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 65586 | 4 |
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| Last trade - 15.49pm 07/08/2025 (20 minute delay) ? |
| MCE (ASX) Chart |