CVN 3.23% 16.0¢ carnarvon energy limited

Ann: Grant of Performance Rights, page-9

  1. 564 Posts.
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    Glad you are confident, as I am not. From the announcement we have not received any money and Management have been gifted millions of performance shares. For what performance? The share price is in the toilet and nothing has been signed off. Would be nice for share holders to get a "please explain" from management what triggers all these performance shares? The question is do they have money to pay staff? or are they preserving capital?
 
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