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 $ VALUESPLUSANY 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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