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4.55%

2.3¢ anteotech ltd

spot on Oz! ☺️

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konsjo

771 Posts.

51

20/10/23

12:53

Post #: 70448318
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Originally posted by Ozibobby: ↑

David at nearly 1/2 a million a year is well rewarded for a small cap non revenue company. I agree he has shown promising signs but equally the SP has halved since his appointment and he failed to deliver on most of his agreed KPI’s.
I am not opposed to him receiving a substantial Long Term Performance incentive providing it is indeed geared to performance and aligned to shareholders value creation. A strike price of 4.3 cents doesn’t align with most holders getting value and the strike price should ensure a stretch in performance in my opinion at least 9 cents before his options are in the money.
I have no faith in the Board / Remuneration committee judgement on these matters when they have awarded subject to shareholder approval top up options on top of last years award at about a quarter the strike price of last years award.
By all means load up David with PERFORMANCE options with a strike price at least at a level where shareholders also start to get a return on their average price above that level.
The Board are out of touch if they believe a further award is due to them - performance on last years award at 16 cents strike price is what they should both concentrate on and be embarrassed by.

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spot on Oz! ☺️

ADO Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $52.98M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$1.903K	86.46K

Buyers (Bids)

No.	Vol.	Price($)
8	574044	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	2357438	8

View Market Depth

No.	Vol.	Price($)
8	574044	0.022
24	3446473	0.021
23	6297016	0.020
5	1502068	0.019
1	55277	0.018

Price($)	Vol.	No.
0.023	2357438	8
0.024	1823838	4
0.025	4148081	11
0.026	1436419	6
0.027	743100	5

Last trade - 11.38am 30/04/2024 (20 minute delay)


Last 2.2¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
2.2¢	2.3¢		2.2¢	280399
Last updated 11.59am 30/04/2024 ?

ADO (ASX) Chart