Well, don’t really mind as long as SP start heading in the right...

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redbaron

2,241 Posts.

100

17/11/22

12:21

Post #: 64830185
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Originally posted by hanabi: ↑

Is this guy worth around $3m for the first 12 months and $2.5m after that? Seems like snouts in the trough to me. They don't even list his long term incentive.

$750k TFR + $500k One-off + $750k*1.5 STI + ? LTI

Total Fixed Remuneration (TFR)
A$750,000 reviewed annually, inclusive of superannuation and salary sacrifice benefits.

One-off on boarding payment
Mr Lougher is entitled to receive a one-off on boarding payment in the form of 800,000 fully paid
ordinary shares in the Company (Shares). The one-off on boarding payment will be issued in
accordance with the following conditions:
• 500,000 Shares within 10 Business Days of the Commencement Date with a 12 month
escrow period; and
• 300,000 Shares on 30 June 2023 with a 12 month escrow period subject to Mr Lougher
remaining employed by the Company and subject to the achievement of strategic initiatives
determined by the Board.

Short Term Incentive (STI)
For the financial year ending 30 June 2023, Mr Lougher’s maximum opportunity will be 100% of TFR
for stretch performance and 50% of TFR for target performance and pro-rated for the period from the
Commencement Date to 30 June 2023.

Long Term Incentive (LTI)
Mr Lougher will be eligible to participate in the Company's LTI, as may be varied, replaced or removed
from time to time from 1 July 2023.

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Well, don’t really mind as long as SP start heading in the right direction…ie up and Up to the sky!
Recent Quarterly downgrade should become the last and great consolidation news bonuses locally or abroad should supercharge the bright future prospects anytime soon now!
GLAH

SBM Price at posting: 60.8¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 26.5¢		Change -0.005(1.85%)		Mkt cap ! $281.5M

Open	High	Low	Value	Volume
27.0¢	27.0¢	26.0¢	$374.0K	1.412M

Buyers (Bids)

No.	Vol.	Price($)
31	798322	26.0¢

Sellers (Offers)

Price($)	Vol.	No.
26.5¢	307681	31

View Market Depth

No.	Vol.	Price($)
31	798668	0.260
7	285826	0.255
22	227212	0.250
3	61300	0.245
4	779300	0.240

Price($)	Vol.	No.
0.265	290461	28
0.270	246982	14
0.275	276661	10
0.280	292782	12
0.285	333495	11

Last trade - 11.47am 01/08/2025 (20 minute delay)

SBM (ASX) Chart

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