SAS 0.00% 1.6¢ sky and space company ltd

Ann: Issue of Placement Shares and Options to Directors - Appx 3B, page-20

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  1. 4,117 Posts.
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    directors put in $300k. imvestors then put in millions cause of that.

    means company running longer.

    means directors get half a million from salary.

    means directors profit big time if company continues bit longer.

    ultimately at cost of shareholder funds.

    $300k is nothing if you understand the numbers and context.
 
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