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$3.23 pilbara minerals limited

Ann: Notice of Annual General Meeting/Proxy Form, page-4

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bobadah

10,278 Posts.

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26/10/18

13:34

Post #: 36273947
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Originally posted by majushal ↑

I'm sorry, resolution 5, why does a new Director joining the Board need "incentive" options to do a good job ie "to appropriately incentivise continued performance"? In addition to directors fees. I realise the exercise price is 93c and if exercised would amount to $1.8m in cash to the company if exercised, but the logic escapes me. Seems to be some type of golden handcuff as though she's already made noises about leaving. Whatever happened to if you don't perform, close the door on your way out.

No problems with rewarding KB. He's done an outstanding job. S-AY has barely warmed the seat.

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Perhaps it is normal practice - to ensure the director has some skin in the game. The dilution is minimal.

PLS Price at posting: 76.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.23		Change 0.090(2.87%)		Mkt cap ! $9.601B

Open	High	Low	Value	Volume
$3.17	$3.24	$3.14	$46.90M	14.68M

Buyers (Bids)

No.	Vol.	Price($)
32	183902	$3.22

Sellers (Offers)

Price($)	Vol.	No.
$3.23	69712	18

View Market Depth

No.	Vol.	Price($)
32	183926	3.220
26	198184	3.210
43	334117	3.200
28	286825	3.190
21	115540	3.180

Price($)	Vol.	No.
3.230	69232	16
3.240	210918	55
3.250	201293	33
3.260	158460	20
3.270	213679	17

Last trade - 11.50am 18/06/2024 (20 minute delay)


Last $3.22			Change 0.090 ( 2.51 %)
Open	High		Low	Volume
$3.18	$3.24		$3.14	4570534
Last updated 12.10pm 18/06/2024 ?

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