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Ann: Application for quotation of securities - 3DP, page-8

  1. Mibart
    208 Posts.
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    25/08/23
    17:01
    Post #: 69555070
    I am not that well versed in such scheme either, but my understanding is that the company loans key employees its shares, not money. Employees, if they accept the shares, can handle them with no restrictions, but have to repay them to the company for 9c and 10c respectively. Thus, the company receives capital.
    Last edited by Mibart: 25/08/23
    3DP Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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