Ann: Notice of Annual General Meeting/Proxy Form, page-11

  1. 3,781 Posts.
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    Mr not soooooo KoolKat. The share price is DOWN because of ONE individual selling stock NOT because of what the company is doing, take a chill pill and relax by the pool in the sun.

    As you know you have taken up from memory all of the placements and more and traded these out at a profit. Therefore if you take this into the equation I feel you speak with a forked tongue on your entry price.

    As everybody KNOWS possible accept you wages in Barcelona are a pittance and embarrassment with some people only getting what would be an equivalent to around AUD$400/500 per month.

    I believe UNITH has sales staff that would be on small retainers and not to MENTION KEY MANAGEMENT PERSONELL that the company needs and WANTS TO KEEP. And it is ONLY 20m shares over three years or around that figure. A good investment TO RETAIN KEY STAFF.

    Also what about the COSTS the company has saved over the past 24 months. CFO gone, CEO gone?????

    In any event: Below is a bit of a summary as to WHY COMPANIES OFFER PERFORMANCE SHARES TO STAFF IN THE AI TECH INDUSTRY

    Performance shares are often used as a tool to motivate and retain employees, especially in high-stakes, competitive industries like AI technology. Here are some of the main reasons:

    1. Incentivizing High Performance: Performance shares align employees' goals with the company's success. In AI and tech, where innovation and staying ahead of competitors are crucial, performance shares motivate employees to achieve specific targets or milestones.

    2. Retention: Performance shares often vest over several years, which encourages employees to stay with the company longer. Retaining top talent is essential in AI, where there’s high demand for specialized skills, and companies face fierce competition for skilled staff.

    3. Shared Ownership: Giving employees a stake in the company fosters a sense of ownership. In AI, where projects can be long-term and require significant intellectual and creative input, this can boost employees' commitment to the success of their work and the company overall.

    4. Attracting Talent: Offering performance-based equity is attractive to potential hires, particularly in tech, where stock options and equity grants are common. It helps companies attract highly skilled candidates by offering them a share in the company’s potential growth.

    5. Aligning with Company Goals: AI companies often have ambitious goals that are difficult to quantify in terms of short-term financial gain, such as advancing research or developing new technologies. Performance shares are a way to reward employees for hitting milestones that align with these broader, strategic objectives.

    In the AI industry, where both individual and team contributions can directly impact a company’s technological edge and valuation, performance shares can be especially motivating. The expectation of future financial rewards tied to success can drive employees to pursue aggressive goals, innovate, and push the limits of what’s possible in AI.




    Last edited by Diabloracer: 09/11/24
 
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