Saving of $70k due to the options “The Unlisted Options are valued by the Directors at $70,000, being equal to the remuneration they would receive as non-executive directors in accordance with the Company’s current remuneration practices.”
The other $224k saved off the board fees due to size of board reducing by 4.
Meanwhile all time lows - I don’t think reducing board fees alone will help us out! What is the new board planning to do differently to address shareholder returns other than saving $70k replacing director fees with options or is it status quo, keep doing what has been done for the past few years?
Ann: Notice of General Meeting/Proxy Form, page-4
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Mkt cap ! $19.82M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
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| LPE (ASX) Chart |