RMC 2.30% 85.0¢ resimac group ltd

Duncan Saville I believe owns 95% of shares. It doesn't make...

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    Duncan Saville I believe owns 95% of shares. It doesn't make sense being listed with that sort of ownership. RMC different story. Duncan Saville is heavily involved in the startup industry and understands alignment of staff with corporate goals. There is nothing more powerful in an organisation then equity ownership.

    "The Group commenced the Resimac Group Employee Share Scheme (ESS) in March 2021 whereby each financial year eligible employees are offered up to$1,000 worth of fully paid Resimac ordinary shares for no cash consideration.Shares allocated under the ESS cannot be sold until the earlier of three years after allocation or the time when the participant is no longer employed by the Group.The first offer under the ESS was made during April2021. A total of 191 staff participated in this offer.On 12 April 2021, the participants were each allocated458 fully allocated shares based on the offer amountof $1,000 and the 5 day volume weighted average price(VWAP) of $2.18, resulting in a total of 87,478 shares being allocated. The shares were allocated to staff for no cash consideration. For the financial year ended 30 June2021, share-based payment expense relating to the ESS totalled $187 thousand "

    Duncan Saville and circle are building something very interesting I believe. An enduring financial services business.
 
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Last
85.0¢
Change
-0.020(2.30%)
Mkt cap ! $340M
Open High Low Value Volume
88.0¢ 88.0¢ 85.0¢ $135.5K 157.8K

Buyers (Bids)

No. Vol. Price($)
3 5000 84.5¢
 

Sellers (Offers)

Price($) Vol. No.
88.5¢ 13000 2
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