BLG 5.88% 3.2¢ bluglass limited

Ann: BluGlass Business Update, page-18

  1. 596 Posts.
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    "Yet the Directors are 'sacrificing' 50% of their wages to be received in shares at a price of .02 cents each in periods when they would normally be exempted from buying shares due to privileged information"
    Good point access, well picked up.

    The directors are effectively buying shares in their own company via a salary sacrifice.
    Not allowed as far as I know!
 
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