All Director’s fees were put on hold from February 2023 until June 2023 to conserve the Company’s cash balance. Fees have been accrued from 1 July 2023 at $2,000 per month plus consulting fees. A Director may be paid fees or other amounts as the Directors determine where a Director performs special duties or otherwise performs services outside the scope of the ordinary duties of a Director. A Director may also be reimbursed for out of pocket expenses incurred as a result of their directorship or any special duties. Executive Directors may be paid on commercial terms as the Directors see fit.
You could contemplate that the company was put into hibernation until Paul Cronin was ready to guide from the Chair.
John Bond has been a long time investor via Two Tops and this other entity (memory?) and has increased his interest this year, presumably to over 5% - seemingly to his surprise.
There's been a fair bit of "staging" in the T20 I feel.
I should check on Thomas Line and see what he's up to these days.
TAR Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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