NVA 0.00% 17.0¢ nova minerals limited

Ann: Company Presentation - October 2022 Market Update, page-28

  1. 3,386 Posts.
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    wow wow wow! These options being issued are absolutely ridiculous! 2 million options at an exercise price of 1.20 by 30th November 2025 is absolutely pathetic! yet it will be passed as most investors don't bother to vote and the directors holding such a large holding will pass what they want! This is very sad to see and i urge everyone to vote no! where are the milestone targets that match these deadlines? It won't take long to vote and I only hold a couple of hundred thousand shares but together we can make a difference in stopping this BS from going ahead. We are literally handing them millions pf dollars for nothing! Match it with the company having a Mc on 1 billion dollars and I'd vote yes but as it stands it's an absolute joke! They are literally taking the Micky out of us
    Please vote no to these remunerations
    What is the purpose of consolidation? Oh wait it was to reissue cheap options to the directors!!!
    https://hotcopper.com.au/data/attachments/4777/4777414-68de1d9202daed128e3f099b6ddda2a2.jpg
    https://hotcopper.com.au/data/attachments/4777/4777417-6e46bbe0779bc258626a019c52b8eb8f.jpg
    https://hotcopper.com.au/data/attachments/4777/4777420-995eb0ca85259cdce35497eb62d90f7c.jpg
    Last edited by Magic2000: 25/10/22
 
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