ALK 3.09% 47.0¢ alkane resources limited

Ann: Bonus Share Issue to employees and Appendix 2A, page-7

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  1. 1,407 Posts.
    lightbulb Created with Sketch. 1041
    Yep --terrific move by Board and Senior Executives to reward staff in a tangible way .
    Shareholders applaud rewarding good employees ...same philosphy as "happy wife , happy life "!! More particularly when the dynamics of the gold operations of ALK are moving at an accelerated pace , on a number of fronts.
    Also , a "flag"to Genesis and Calidus Boards and employees , that good projects and good employees are recognised and rewarded by smart Boards .
    One also has to recognise the timing of this exercise ie in a relative small window , between resource and drilling updates , and after the ASM demerger .Do Board's generally issue issue employee shares , if they don't think those shares have the potential to grow in value !
 
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