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29/10/19
21:59
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Originally posted by nichbaker:
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Yes, looks solid. I'm happy so far. Will be interesting to see if we get a run of news soon, or some volume coming in. J Nantes has around $750k worth of shares due if the SP stays above 18c VWAP for 10 days before middle of November. That's some carrot. My only real issue is some of the performance related share bonuses, which are quite significant, don't outline an actual KPI the average shareholder will know the details of. It's just at the boards discretion. For example, $500k in shares last FY for Anthony. 200% of his Salary. Yes, i understand that when Companies aren't making money, you provide incentives in other ways, such as shares, but would be nice to know how long that will continue and what it is actually measured on. Please spare me the comments of 'look at the results, he deserves everything he gets'. Will be interested to see how that changes over coming years.
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Hi Nichbaker, as per your above append, the SP has to hit 18c and stay there for 10 days until middle of November for J Nantes to get 750k incentive. There are only few days left for SP to get to 18c if he want to get his incentive. Is this still right???
Originally posted by nichbaker:
↑
Yes, looks solid. I'm happy so far. Will be interesting to see if we get a run of news soon, or some volume coming in. J Nantes has around $750k worth of shares due if the SP stays above 18c VWAP for 10 days before middle of November. That's some carrot. My only real issue is some of the performance related share bonuses, which are quite significant, don't outline an actual KPI the average shareholder will know the details of. It's just at the boards discretion. For example, $500k in shares last FY for Anthony. 200% of his Salary. Yes, i understand that when Companies aren't making money, you provide incentives in other ways, such as shares, but would be nice to know how long that will continue and what it is actually measured on. Please spare me the comments of 'look at the results, he deserves everything he gets'. Will be interested to see how that changes over coming years.
Expand
Originally posted by nichbaker:
↑
Yes, looks solid. I'm happy so far. Will be interesting to see if we get a run of news soon, or some volume coming in. J Nantes has around $750k worth of shares due if the SP stays above 18c VWAP for 10 days before middle of November. That's some carrot. My only real issue is some of the performance related share bonuses, which are quite significant, don't outline an actual KPI the average shareholder will know the details of. It's just at the boards discretion. For example, $500k in shares last FY for Anthony. 200% of his Salary. Yes, i understand that when Companies aren't making money, you provide incentives in other ways, such as shares, but would be nice to know how long that will continue and what it is actually measured on. Please spare me the comments of 'look at the results, he deserves everything he gets'. Will be interested to see how that changes over coming years.
Expand