I got a reply in under 24 hours (good).
The 30M is a "max number", to cover a range of scenarios (didn't specify) - growth, share price, how many ppl they need to attract.
Regarding the incentive package for the Managing Director, - it would will still be subject to shareholder approval - ie our vote.
I suppose they ask for a large number of share so they don't need to go back and ask us to allow us for more.....
Ann: Notice of Annual General Meeting/Proxy Form, page-28
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LM8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.65M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 19.5¢ | $48.23K | 237.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19316 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 53297 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| LM8 (ASX) Chart |