Ann: Change of Director's Interest Notice, page-10

Although I like the sentiment around a director exercising options above current SP, it does seem a little strange given the expiry of Class U options is May ‘24.

I like the nearer term expiry and the higher exercise price of the Class Q options (expiring June ‘23 at 0.65c), although DRO has shown a willingness (ZEPOs) to offer “extensions” by re-issuing effectively the same options will a longer expiry.

I’m also not a fan of listing a loan without describing the conditions of repayment. I accept that these conditions could be outlined in the Incentive Option Plan, but for the sake of clarity I would prefer the company be clear about this up front.

All in all, I don’t believe any of this to be of great significance but I do believe that DRO would be best served by fully communicating all details, intent and logic in the first instance. Good comms = confidence = positive sentiment = SP movement.