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clock Created with Sketch. 25/04/24
20:16
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Originally posted by LommiMario:
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Whilst I am not in favour of the performance rights in this particular case, what do you consider very significant dilution? Which resolutions? Safe for the payment to the two executives salaries for fy23 in shares, all other resolutions are either a ratification of shares already issued (capital raise and the purchase of VSI) or performance rights that are not shares and would only be issued if performances are achieved by end of fy26.
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It's everything together: placements last year, requests for additional capacity, stock compensation. It's absolutely brutal in the absence of growth.
