Ann: Grant of 2015-16 Share Rights, page-7

"last year 879k rights for staff, this year 1978k
last year 175k rights for MD, this year 531k"

For Staff
Last august SP around 4.50 x 879,000 = $3,955,500
Today 1.22 x 1978000 = $2,413,160

For MD
Last august SP around 4.50 x 175000 = $787,500
Today 1.22 x 531000 = $647,820

Looks like Staff gets the raw prawn along with the shareholders