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?
Saving of $70k due to the options “The Unlisted Options are...
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $27.93M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $1.172K | 7.544K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30028 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 125885 | 2 |
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| Last trade - 10.44am 04/11/2024 (20 minute delay) ? |
| LPE (ASX) Chart |