Worth noting well that the MD only gets all of the 70% performance bonus of $371K if the share price gets to 67.4c.
A bonus of $371k for a shareholders win of 289m x 28.4c = $82m doesn't sound like shareholders are being overly generous to me.
Prefer to see him rewarded for a 24/7 entrepreneurial effort than a 7/5 punch the clock paid executive roll doing his own thing in his spare time.
I hope he earns the performance bonus that is due the end of this year. I'll sell a few shares and buy a nice toy if he does.
Ann: Notice of Annual General Meeting/Proxy Form, page-3
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12.5¢ |
Change
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Mkt cap ! $52.27M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $32.02K | 250.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 276029 | 11.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 120000 | 1 |
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