DOU 0.00% 0.4¢ douugh limited

Hi, If you read the Share Purchase Plan documents on Page 37 you...

  1. 8 Posts.
    lightbulb Created with Sketch. 3
    Hi, If you read the Share Purchase Plan documents on Page 37 you will see the figures however for your information I will give you the heads up - let's start from the lowest Board member --- Derek Hall - proposed 2023 $141,000, 2022 and 2021 - nil. Bert Mondello - proposed 2023 is $310,000 - 2022 was $201,497 and 2021 was $261,500. Andrew Taylor - Proposed 2023 is $678,016 - 2022 was $659,556 and 2021 was $295,921. The SPP states that the funds will be used as $1,200,00 for "Promotional Activity", $300,00 for "Additional Working Capital" and $300,000 for "Administrative Expenses". I believe it is scandalous that this Board is prepared to raise $1.85 million when over the 2021 and 2023 years they have been paid (and propose to pay) $1,990,069 to Directors whilst destroying the value of our share holding. Why would anyone participate in the SPP to feed this Board? I believe they should all resign and let the shareholders elect a Board that has the interests of shareholders as a priority rather than pay Directors excessive fees for no value return. If the Douugh platform is what is it touted to be then let a professional Board bring it to fruition.
 
watchlist Created with Sketch. Add DOU (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.328M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $271 67.81K

Buyers (Bids)

No. Vol. Price($)
22 12846405 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 9889946 26
View Market Depth
Last trade - 14.00pm 20/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.4¢ 0.4¢ 0.4¢ 666755
Last updated 11.59am 20/05/2024 ?
DOU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.