12/06/2020 - Jack Dack appointed as executive director 1 23/06/2020 - Troy Grant appointed as Non Executive Director 2 17/07/2020 - Frank Giordano appointed as Company Secretary & Legal Counsel 3 17/07/2020 - Douglas Richardson resigns as company secretary 4 21/08/2020 - Frank Houllis terminated as CEO 5 21/09/2020 - Rod Chittenden appointed Nachu Project manager 6 21/09/2020 - Jack Robertson appointed Strategic Manager (batteries) 7 10/11/2020 - Frank Giordano resigns 8 10/11/2020 - Nawal Silfani appointed as Company Secretary & Legal Counsel 9 23/02/2021 - Troy Grant resigns as director 10 29/03/2021 - Mona Dajani, Richard Petty, Zarmeen Pavri & Mugunthan Siva appointed as non-executive directors (I would imagine they are paying at least AUD70 for each of these....so close to $10k per board meeting with no real responsibilities apart from dialling in) 11 13/04/2021 - Nawal Silfani resigns 12 13/04/2021 - Julian Rockett appointed as Company Secretary & Legal Counsel (interim) 13 07/05/2021 - Jack Dack executive director "employment with the Company ended"
This company has a history of burning money on appointments/resignations/terminations.........as I said, a revolving door of people that Frank P seems to want to bring onboard for a few months who end up costing shareholders money
And although Frank P owns a decent amount of shares, he gets paid 120k pa plus consultancy fees that can range from 180-400k pa......perhaps he is not making money on what he invested, but he is certainly doing okay (and if those free options ever get in the money, then he stands to gain like a bandit)
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