AJX 20.0% 0.8¢ alexium international group limited

Ann: Appendix 3Y - G Rezos, page-29

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    Just out of the blue and not expecting any comments but thought I would put something up.

    GR as of 2010 annual report had the following.

    11,460,140 shares
    2,500,000 performance rights
    4,900,000 options (not sure on strike price)
    So if all converted  he would hold 18,861,147.

    on 9 dec 2009 Evans and Tate did the placement to buy Alexium with a placement for $3M at 1.75c.
    http://www.smh.com.au/business/from-wines-to-anthrax-evans-and-tate-reborn-20091203-k8i4.html
    If all his shares that he owned in 2010 cost him the float price he would have put in just over $200,000. (he bought a few shares for between 1.9c and 2.3c as per http://www.asx.com.au/asxpdf/20100128/pdf/31nc7jvg9clv5v.pdf)
    According to 2016 annual report he now owns 25.4M + performance shares so in 6 years has gone up a bit not sure how much can be attributed to salary, performance shares, options etc.

    Sorry the next time someone said he has put a lot of his money on the line can you just look at these numbers again. I am not saying he has not put a lot of time an effort into building the company.

    ps. 2010 annual report 30/06/2010. salary $91,916, post employment benefits $2,292 and share based payments $629,163 total $723,372. (Not sure what I make of that.)
    Apparently 82.94% was relative to performance, on those numbers I would have said he performed very well.
 
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