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

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Sheps1

335 Posts.

212

18/05/24

11:39

Post #: 73891892
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Originally posted by Jukebox45: ↑

No, we are already a laughing stock.

As bad as a Board Member having zero shares in his own company, I reckon this bit is the best part:

"The Board recommends all Shareholders take up their Entitlements. The Directors reserve the right to take up their respective Entitlement in whole or in part at their discretion."

Those greedy, incompetent, mother-lovers, are recommending to the great unwashed that we boost the company's coffers... when (to date) they themselves have tipped in just $717.50 between the four of them (and that was on market - the other three have not taken up any of thier entitlement - in fact, they may well have SOLD their rights on market to Welchy!!!)

I guess we can add hypocrisy to the epithets that need to be used to describe this mob.

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You are making a huge assumption. The rest of the board who own shares will not need to disclose to the market until they receive their shares. Monkey see monkey do. I would be surprised if they didn't take up the offer. Have you crunched the numbers on what Bruce Maluish needs to put up to take all he is entitled to? Close to $60,000
Peter needs to cough up over $100,000.
I will wait to see

VRX Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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