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12.5% 2.7¢ bluglass limited

Ann: 2020 AGM Proxy Form, page-2

  1. Gambit555
    11 Posts.
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    28/10/20
    10:40
    Post #: 48446054
    I am not normally an activist shareholder but the idea of the 'C-suite' getting remunerated ~$150k (at today's SP) in the form of 1.5m shares each for giving up some of their salary during COVID is unpalatable when the shareholders were diluted by ~40% by the capital raising. I urge all shareholders to VOTE AGAINST this at the AGM, and it is proposed they receive compensation in the form of options at a strike price of 10c.
    BLG Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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