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?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)