@BigWill2018, @Remickz, @Mildgambler - thanks for unpacking the report and sharing your views!
Regarding Kate & Cameron being paid in shares, I'm curious about the VWAP (don't know if this is of any importance so please educate me):
For example, in the next 12 months, Cameron receives ~3.1M shares but gets more than 50% of the ~3.1M within the next 4 months making the VWAP way below market price.
And then the next 8 months, his VWAP is way above market price.
Either way, in each month, he gets paid ~$2600.
My question is, why are the shares distributed so unevenly? Why not just give him ~259K shares per month (~3.1M ÷ 12 months)?
Ann: Notice of Annual General Meeting/Proxy Form, page-26
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $7.934M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $2.148K | 197.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 5148994 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4715433 | 13 |
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