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4.2¢ magnis energy technologies ltd

Ann: Change of Director's Interest Notice, page-3

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johncurtin

17 Posts.

2

05/01/21

11:42

Post #: 49949225
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Originally posted by SteveSage: ↑

did not even notice this, but it just goes to show how out of touch these guys are

awarding themselves 'performance shares'.......firstly that name, but thankfully for most in the real world, they only trigger of the MC gets to 500m, 1bn.....up to 2.5bn

mgmt knock yourself out........why limit it to only 2.5m shares.....award yourselves 10m shares if you get this to 2.5bn MC

I suspect James Dack put this in to make mgmt feel like they are going to get something, while taking out ~3-4m out of the company now.....he is a smart operator, but IMO for himself not necessarily shareholders or the company.....

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Jimmy Dack has always been out for himself

MNS Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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0 Great analysis

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