because the Director wants 7M millions worth say $25M for free.
That is a rort in itself. He has bought plenty with inside info, thought it was illigal, and gets paid to do a job.
He will still be a multi millionaire using this a not a complete scam.
Vote no....... stop shareholder dilutions to fat useless diretors
Power to the shareholders and good luck to all.
Tubs
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inexperience or plain stupidity, page-2
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