Can't seem to reply to Lala49er (must have me on ignore) but claims of a "pay rise" are rubbish. Non-exec directors in FY 2021 received ridiculous amounts of cash AND shares. Grivas pocketed $451,000 (some of that was consultancy fees); Shearer took away more than $400,000; Harding got $476,000 in shares alone. Under the new framework, NEDs will receive no equity incentives at all and will instead be paid $115,000 cash per annum. One-fifth of that they're obliged to use to buy shares on market within three- and five-year periods.
Anyone who thinks going from $400k-plus per annum to $115k is a "pay rise" probably needs a new calculator.
Ann: Letter to Shareholders - AGM Notice of Meeting, page-45
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $552.2K | 34.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 693754 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1246740 | 9 |
View Market Depth
| Last trade - 13.34pm 28/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |