CE1 4.00% 13.0¢ calima energy limited

Ann: Notification regarding unquoted securities - CE1, page-5

  1. 3,107 Posts.
    lightbulb Created with Sketch. 7434
    These mainly go to the BS employees. They dropped the Class G performance  shares to themselves ( ~4 million)  when seeking shareholder approval for the transaction because they were warned they would have been voted down, so they dropped that resolution to avoid embarrassment.

    But they went one better though, and awarded themselves C$ 150,000 cash bonuses ( apparently no need for share holder approval) for completing the Black Spur Sale.

    They still get their share of class 2,500,000 class C rights.



    ce1bonus.PNG






    Also love the fact that the " independent" Canadian director received a C$ 37500 bonus from CE1 for selling BS to his own company. The bonus should have come from Astara,  for buying BS on the cheap.

    Words cannot describe the brazenness of these guys for thinking it was a job well done .
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $80.71M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $21.23K 165.0K

Buyers (Bids)

No. Vol. Price($)
17 13761206 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 16353464 42
View Market Depth
Last trade - 12.13pm 27/05/2024 (20 minute delay) ?
CE1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.