GGE 0.00% 0.3¢ grand gulf energy limited

Ann: Notice of AGM , page-10

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  1. 3,469 Posts.
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    The proposals for Remuneration of Board members is a done deal .

    So where does it leave the average Shareholder ?

    Bundles of Ops to ex at .006 are to be in the Board members hands while the GGEO ex is .015

    GGE retreats to .004 once more today and probably will remain in limbo until whoever is playing with it decides otherwise.

    What irks me most is the .006 Ops grab . This is a concern. Is this .006 Op ex a move to allow the equivalent of a "Buy" @ .006 , whenever it suits best ?

    I also hold GGEO with it's .015 EX ; Not looking to smart by comparison.

    Can we expect that this Remuneration reward that includes Salary , Shares and .006 Ops, will so stimulate the board that we can expect our .015 Ops to some day be "in the Money " as a result ?

    Would appreciate some thoughts on the subject . Anyone ?
    R15







 
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