BRK 10.0% 1.1¢ brookside energy limited

Ann: Half Year Accounts, page-70

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,034 Posts.
    lightbulb Created with Sketch. 1670
    So I posted the question on the investor hub. DP stated that the Directors' did in fact utilise the loan facility to exercise their options.

    There is a 3% interest charge per annum and the loan lasts for two years (expires 23/06/2024).

    I'm actually glad about this loan facility as it means the Directors' need to work harder to ensure the share prices increases sufficiently to allow them to firstly pay off the loans and secondly to make themselves a nice profit.

    Also, DP needs to stump up $30,000 each year that it remains active. Having said that, I'm sure he'll make sure he secures himself that amount in a bonus payment at next years AGM!!
 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $52.50M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $42.35K 3.865M

Buyers (Bids)

No. Vol. Price($)
36 12444468 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 54435587 48
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.