MKG 0.00% 0.9¢ mako gold limited

Ann: Letter to shareholders re AGM, page-4

  1. 2,786 Posts.
    lightbulb Created with Sketch. 642
    Unbelievable! they want discounted shares after screwing the share price for so long. Have a salary cut or pay what others are paying. They are talking about compensation for taxes, what a joke.

    'The deemed issue price of the Remuneration Shares will be a 10% discount to the volume weighted average price (VWAP) of the Company’s Shares trading on ASX over that financial quarter (Issue Price). The Company notes that the 10% discount to the Company’s VWAP is intended to compensate for the taxes attaching to the issue of the Remuneration Shares that the Directors will be required to pay'

    Fools Gold Limited suits better IMO
    Last edited by ggwill: 31/10/23
 
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