"This is effectively a gift worth over $2.5M to a director"
David St Denis and Matthew McDonnell are not directors - they are Executive Management. The shares were issued under the employee incentive scheme which, as MactavishNat posted was approved at the last AGM. I do agree that it is a pretty good incentive even though it will cost Mr. St Denis $3.24m if he gets to convert them. He would still make a pretty good profit at the current share price. I wonder who got the other 100,000 oppies.
Ann: Notification regarding unquoted securities - AVR, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.93 |
Change
-0.225(1.85%) |
Mkt cap ! $251.5M | |||
| Open | High | Low | Value | Volume |
| $12.15 | $12.15 | $11.27 | $242.2K | 20.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 96 | $11.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.14 | 619 | 3 |
View Market Depth
| Last trade - 12.27pm 07/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |