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12.5¢ vmoto limited

Thanks V.

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MTV

1,779 Posts.

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23/03/24

14:37

Post #: 73026060
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Originally posted by VYR: ↑

Hi MTV,

You can rest easy the annual bonus shares can't be given to Directors, A majority of Shareholders have to approve any remuneration that is paid to Directors other than cash payments. They form part of the remuneration package. That is of course voted on by shareholders after the event.

Charles and Ivan went without a bonus for 2023 because the only KPI for their rewards is the share price which fell well short of the 65c they needed to achieve to get rewarded. They potential bonus shares were cancelled.

Some companies reward the Key personal for all sorts of crazy performance. Like increasing revenues how crazy is that, giving management the incentive to sell stuff at any price.

Glad the VMT team don't go down that path. The doubters would have something worth complaining about.

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Thanks V.

VMT Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.5¢		Change 0.000(0.00%)		Mkt cap ! $52.27M

Open	High	Low	Value	Volume
12.5¢	12.5¢	12.5¢	$1.25K	10K

Buyers (Bids)

No.	Vol.	Price($)
1	21675	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	543000	2

View Market Depth

No.	Vol.	Price($)
1	21675	0.125
2	65000	0.120
2	64652	0.115
3	34100	0.110
2	203257	0.105

Price($)	Vol.	No.
0.130	543000	2
0.135	98652	2
0.140	777561	7
0.145	123210	4
0.150	198087	4

Last trade - 10.09am 29/08/2024 (20 minute delay)

VMT (ASX) Chart

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