Ann: Appendix 3B, page-3

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Send2deking

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22/10/19

19:13

Post #: 41015102
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Originally posted by watchitgonow ↑

I think this is very poor and why we didn't vote for it, 17 million times.

Take our MD for example, he started in April 2019, by August 2019 he’s given 30,000,000 options at strike of $.005 where the share price in Aug 19 is $.004 (had been to $.005 that month) but now at time of issue it's $.011 so an extra $445,500 to the MD for turning up and doing his job (on today’s prices) but he has to 2021 to have to cough up the cash and maximise his return.

He’s massively in the money already for just 3 mths work, on top of his salary and yet we may be looking at a capital raise in the near future, but this is label an 'incentive' to attract, reward and retain key people. Make the strike price challenging and a real benefit to every shareholder including him if he gets there, not a free handout for just turning up. Where is the incentive? It should be say $0.05 cents by 2024 not $0.008 by 2024.

This is the type of stuff that gives a bad smell to companies and what I feel ASIC should look closer at, as I cant see how handing out an extra $803k to our new directors for 3 months work does for acting in the best interests of shareholders…

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To be fair mate I couldn’t care less what he earns if he brings home the goods

it’s all relevant

if this is a dud then year horrendous but if they’ve located what their looking for and in the exponential size of it all

then you wouldn’t bat an eyelid to his salary

let’s see what they find and so far they are on point!!

DRE Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $60.95M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.0¢	$87.08K	7.917M

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No.	Vol.	Price($)
1	200000	1.1¢

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Price($)	Vol.	No.
1.2¢	18091102	26

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No.	Vol.	Price($)
1	200000	0.011
67	24349425	0.010
35	13360103	0.009
20	7953681	0.008
8	2546173	0.007

Price($)	Vol.	No.
0.012	18091102	26
0.013	2526914	8
0.014	2710421	11
0.015	1544091	7
0.016	1194999	6

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Ann: Appendix 3B, page-3

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Ann: Appendix 3B, page-3

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