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Ps. I hope to 'cut paste ' comes out OK (if not will get...

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    Ps. I hope to 'cut paste ' comes out OK (if not will get removed)

    THE PLACEMENT ------------------------ dilution at its BEST. To the detriment of ‘LOYAL-suffering - SHAREHOLDERS.

    Looked at in thE ' NOW' not what 'MAY HAPPEN'

    Share placement raised$1,150, 000

    Less a 6% fee69, 000 (+ 10,000,000 broker options expiring 9-2025 exercise $0.025)

    For$1,081, 000

    https://hotcopper.com.au/threads/ann-annual-report-2023.7670719/


    PLEASEREAD THE 2023ANNREPORTFOR FULL DESCRIPTIONS OF $ VALUES

    PLUSANY APPOINTEMENTS-RETIREMENTS ETC


    Key Management Remuneration 2023 $ Key Management Person Short-term Benefits Postemployment
    Benefits Share based payment Total Cash, salary and commissions Cash bonus and Noncash benefits
    Consulting Fees + Other Superannuation Options

    +Remuneration 2023 $ Key Management Person Short-term Benefitspage23

    Month Week -CALCULATIONS NOT INTHE ANN .REPORT-

    Name

    TOTAL FROM ’23 ANN REPORT

    super

    Cash-bonus non cash benefits

    MONTH

    WEEK

    Mr G. Reveleigh

    40,000

    3333

    769

    Mr C. Ross

    14,848

    1237

    286

    Mr R. Payne

    5,977

    1432

    498

    115

    Mr S Saraf

    145,650

    13,650

    2,000

    12138

    2801

    CEOMr R.F.Kelso

    320,000

    26667

    6154

    TOTALS

    $ 526,475

    43873

    10125

    Figures not rounded. Nor checked for accuracy. Pleaser do your own research


    Some wording-in placement doc.- changed by poster
    .

    -The Placement will beundertaken at 0.9 cent ($0.009) per share (to those lucky enough to be selected)

    -One (1) free Attaching ListedOption (BUYO.ASX) for every one (1) Placement Shares ******

    exercisable at 2.5 cents($0.025) per share, expiring 30 November 2025

    -+++708 Capital has been engaged to act as Lead Manager to the Placement

    -. Fees payable are 6% of funds raised, and ***** 10 million Broker opt ions
    (BUYO.ASX) exercisable at 2.5 cents per share,expiring 30 November 2025
    .

    - The issue will be undertaken using the Company’s 15% placement capacity

    - Proceeds of this Placement, together with Bounty’sexisting cash resources will be
    used to fund ongoing projects andworking capital requirements.

    Will there be many$$$$$$$$$$$$$left possibly 50% + willgo in Remuneration ….

    +++

    https://708capital.com.au/

 
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