VFX 0.00% 0.5¢ visionflex group limited

Ann: $2.48m Non-Renounceable Rights Issue, page-10

  1. 7,950 Posts.
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    For anyone who is potentially looking at this stock or who has an interest.. probably just needs to absorb this a bit more.. so I will try and make this easy.  Refer to the first table below which shows how much some tOp 20 investors/management/board are willing to kick in.  I am going to ignore John Plummer as many may class him as being pot committed (some may say the same about Ian Moore)... but some of the others are not!
    1. Trevor Matthews earns like 80k/yr being on the board but is willing to tip in $180k
    2. Andrew Whitten is a purely a company Secretary and willing to take up $45k
    3. Amanda Hagan is leaving but still going to chip in a similar amount to Klaus
    4. Paul Welch probably going to vbe on around $40k/yr yet tipping in half of his salary to underwrite
    5. Richard Rogers is the reasonably new CFO and willing to tip in 50k to underwrite
    6. Micheal Emmet (from Covermore - great pickup) is just going to throw in a lazy 200k
     
    I see so much crap on so many of the other threads where people get excited by director top ups of some $10 - 20k.  We have 7 management/board member heavily committing to this.  If anyone can point me to a similar rights issue with such strong backing I would be interested to see it.



    https://hotcopper.com.au/data/attachments/1355/1355708-d46afdcbe5c4fce301a83b37b398c04b.jpg

    https://hotcopper.com.au/data/attachments/1355/1355709-5dd2348ed048898c24706d5cad242315.jpg
 
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