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Ann: Management Changes, page-4

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Mikjas

398 Posts.

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05/10/22

15:22

Post #: 64043762
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Originally posted by overloaded: ↑

Here they are on their last legs having gone yet another year without making any money and what do they announce.....Performance rights. And terrible ones at that. Watch them do a CR and use this to pay a dividend in the next 3 years.

Read the room guys FFS

How's the CFO remuneration....
He's currently on $750K per annum with a further STI of $750K for "achieving certain milestones" (which have not been disclosed).
Presuming he achieves these milestones, he will take home a pay packet equivalent to 5% of the current market cap.
Plus he has 6,000,000 performance rights....
No wonder he's told poor Greg Jason to get out of the way.

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I agree but I think Peter Thomas looks like he knows how to get things done. I had a look at his linked in profile and he was in the FMG camp during the early days.

The requirements to achieve the performance rights look very soft

DCG Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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Ann: Management Changes, page-4

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