Yeah - he bought 361,500 shares for $2.0m at an average price of 5.5333 per share.
However - it was US redbubble shareholders who funded it - with the company using shareholder funds to advance him a $1.6 million NON RECOURSE loan. He wrote out a whopping $400k cheque (a fraction of his annual total compensation). What a deal.
After a tremendous first year of shareholder value destruction its fun to revisit his remuneration:
- Salary & Super: $800k pa inclusive of super
- Base equity: $400k per annum in the form of zero priced options
- Long term incentive: Annual $800k - grant of share appreciation rights (would safely assume he wont be getting LTI's this year - would be outrageous if the board waived the compounding return targets
- Loan arrangement: $1.6m non recourse loan (already described)
- So in theory a $2.0 million pa total potential remuneration
- Forums
- ASX - By Stock
- Ann: Business Update and FY2022 Outlook & Investor Call details
Yeah - he bought 361,500 shares for $2.0m at an average price of...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATG (ASX) to my watchlist
|
|||||
Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $111.3M |
Open | High | Low | Value | Volume |
39.5¢ | 39.5¢ | 38.5¢ | $11.17K | 28.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 48674 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.385 |
3 | 61190 | 0.380 |
2 | 10669 | 0.375 |
4 | 148008 | 0.370 |
2 | 2492 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 48674 | 3 |
0.415 | 11670 | 3 |
0.425 | 13337 | 1 |
0.435 | 4500 | 1 |
0.445 | 2100 | 1 |
Last trade - 14.06pm 11/07/2024 (20 minute delay) ? |
Featured News
ATG (ASX) Chart |