NUH 0.00% 8.1¢ nuheara limited

Ann: Notification regarding unquoted securities - NUH, page-7

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  1. 5,036 Posts.
    lightbulb Created with Sketch. 759
    H e was gifted 5,429,334 PERFORMANCE SHARES if a deal is struck
    DO THE MATH

    He is taking a pay cut of $245k over 12mnths or the equivalent per month depending on the length of the review.
    Lets say it last 12mnths ..god forbid
    At 8.1c his free shares are worth $439k...almost double
    But lets not forget to get a deal over the line surely the SP has to be worth a bit more than 8.1c
    Get where i am going ...say he sells us at 12c..thats $650k for him

    Not forgetting if he is pushed out when a deal is done he gets 12months salary on top
    ITS CRIMINAL PURE AND SIMPLE
 
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