Yes, it’s all a bit too cosy at board level.
To management and non-exec directors: “Here is our recommendation on incentive plans, which look quite achievable”.
Board members back to Delphi: “OK, thanks. I think we all agree that we should disagree with what the independent expert says on your royalty. Have it anyway, despite his recommendation”.
I think it’s still possible to be very impressed by what SL and his team have achieved over the last 2 years, but pretty unimpressed by the governance implications around the royalty decision…
Ann: Change of Director's Interest Notice, page-10
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Last
74.0¢ |
Change
-0.040(5.13%) |
Mkt cap ! $817.3M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 77.0¢ | 74.0¢ | $2.053M | 2.714M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64991 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 12998 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
74.5¢ |
Change
-0.040 ( 4.19 %) |
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| Open | High | Low | Volume | ||
| 76.0¢ | 77.0¢ | 74.5¢ | 1703417 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
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