Of course its not in breach of asic requirements. It’s just small retail holdings play a big hand in getting high risk small caps through the early stages so why wouldn’t you turn around and give them a kick in the sack at this stage haha.
Management taking a Short lived temporary cut on their huge renumeration is hardly the same as people who have invested in a company that SP has already performed poorly in recent times then copping dilution to their holding haha.
Doesnt matter I’m not going to lose sleep over it. I just think its laughable that they says all shareholders were given the opportunity to participate in the SSP when they know realistically thats BS
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