By your reasoning, they are rewarding themselves and diluting others, if what you are suggesting is what a child could do?
Apart from the divestment and listing work, I can't think of any other reason why the directors should be "rewarded" with both ST and LT Incentives, without future goals or SP/MCAP downside protection KPI's. The main performance criteria at the moment is seems to be checking the mailbox for the cheque (although it would be fun to open an actual mailed cheque from the MAC royalty).
Our SP is getting hammered and we have hardly heard/seen any media or announcements to slow the haemorrhaging due to Iron Ore price volatility that won't affect DRR due to MAC being way way down the cost curve. I do see it as a Yield vehicle, but I think the SP volatility can be smoothed a lot better by management.
- Forums
- ASX - By Stock
- DRR
- Ann: Correction to Notice of Annual General Meeting
Ann: Correction to Notice of Annual General Meeting, page-12
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRR (ASX) to my watchlist
|
|||||
Last
$3.40 |
Change
0.000(0.00%) |
Mkt cap ! $1.797B |
Open | High | Low | Value | Volume |
$3.34 | $3.44 | $3.32 | $8.778M | 2.590M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 9809 | $3.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.41 | 24233 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2111 | 3.570 |
1 | 1359 | 3.430 |
1 | 1605 | 3.380 |
2 | 11605 | 3.370 |
1 | 1605 | 3.360 |
Price($) | Vol. | No. |
---|---|---|
3.270 | 409 | 2 |
3.300 | 5000 | 1 |
3.390 | 1605 | 1 |
3.410 | 1605 | 1 |
3.430 | 1605 | 1 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
DRR (ASX) Chart |