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0.7¢ halo food co. limited

Both effectively vest at 30c. The 18c exercise price options...

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28/09/21

10:21

Post #: 56396153
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Originally posted by RedRocket005 ↑

"I am more than happy to reward the BOD once they have some runs on the board and have regained some of the long term holders equity"

Isn't issuing Performance Shares which are subject to a vesting price almost 3 x higher than the current SP rewarding directors for regaining the equity of SH's? The directors get nothing unless the SP is back up to .30c so this seems in line with what you are wanting.

The thing I like about these performance shares is they have a vesting price, so the directors actually have to pay for these!
The first tranche vest at 0.18c and the second at 0.30c, so at least these aren't free for the directors and the company will raise some funds out of them.

I'm not overly keen on the increase from 15% to 25% share issue without SH's approval, I would prefer if the company was going to raise capital for a particular reason they would need to seek SH approval, I'll be voting against this.

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Both effectively vest at 30c. The 18c exercise price options don’t vest until SP is 30c, the second tranche have an exercise price of 30c.

KTD Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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