MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Notice of Annual General Meeting/Proxy Form, page-2

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  1. 2,997 Posts.
    lightbulb Created with Sketch. 1138
    Admittedly I should have looked at this earlier, but:
    - 3.1m options to Vogt
    - 1m options to Poullas, Jacobs, Tsegas, Whittingham and Hoskings (who just joined in Mar2019)
    - 6m options to consultants
    That's more than 14m options.....almost double what they issued in FY2018 & FY2019

    This mgmt & board are well paid (board members need to attend 8 meetings and get paid ~10k per meeting).....I'm at a loss understand why this is not a bigger issue given how little has progressed in the last financial year (I mean apart from burning thru 10-11m last year, what tangible progress can they point to?).
 
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