Ann: Corporate Governance Review, page-9

Read the agreement.... maximum 700k per month over 12 months.
Looks to me like MNS just ignored that, and did whatever they wanted with some lame explanation.
Ok they got away with it this time. But what if they get to the end of the 12 months and decide to just take whatever is left because they havent used it up. Could be one off hit of a few million.
Some committee at MNS must have approved that. Violation of terms of agreement. (imo).
Watch them closely if you hold shares.... imo


https://www.asx.com.au/asxpdf/20190927/pdf/448y3zprw9sty8.pdf