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0.6¢ douugh limited

Ann: Douugh ASX Investor Presentation - July 2023, page-7

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21/07/23

20:04

Post #: 68918209
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Originally posted by Ozzie46: ↑

Hi, If you read the Share Purchase Plan documents on Page 37 you will see the figures however for your information I will give you the heads up - let's start from the lowest Board member --- Derek Hall - proposed 2023 $141,000, 2022 and 2021 - nil. Bert Mondello - proposed 2023 is $310,000 - 2022 was $201,497 and 2021 was $261,500. Andrew Taylor - Proposed 2023 is $678,016 - 2022 was $659,556 and 2021 was $295,921. The SPP states that the funds will be used as $1,200,00 for "Promotional Activity", $300,00 for "Additional Working Capital" and $300,000 for "Administrative Expenses". I believe it is scandalous that this Board is prepared to raise $1.85 million when over the 2021 and 2023 years they have been paid (and propose to pay) $1,990,069 to Directors whilst destroying the value of our share holding. Why would anyone participate in the SPP to feed this Board? I believe they should all resign and let the shareholders elect a Board that has the interests of shareholders as a priority rather than pay Directors excessive fees for no value return. If the Douugh platform is what is it touted to be then let a professional Board bring it to fruition.

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I think you've answered your own question.

'These are not serious people'.

DOU Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $6.492M

Open	High	Low	Value	Volume
0.5¢	0.6¢	0.5¢	$1.187K	215.3K

Buyers (Bids)

No.	Vol.	Price($)
12	10910849	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	1358858	6

View Market Depth

No.	Vol.	Price($)
12	10910849	0.005
9	4753622	0.004
33	20363472	0.003
12	8232639	0.002
7	12799950	0.001

Price($)	Vol.	No.
0.006	1358858	6
0.007	4956033	10
0.008	2576733	9
0.009	170790	3
0.010	189743	5

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