Hi All
I recieved the EGM notification today.
It's not in my book to disagree with management resolve to run the coy in best interest of business, however after reading the resolutions , 10.11.12.13. I cannot endorse the performance rights issue given the 5 year time frames based on current and historical progress.....its unreasonable given the dilutive activities over my recent 4 years of investing with this mob. I am all for performance based rewards but it should be on SP targets not MC target because achieving it is easily done by excessive dilution of LT holders expense. I will vote NO.
Just my view....each to thier own. I urge everyone to engage in the vote positive or negative.
I will also support all other resolutions.
Stig
Blah Blah, page-30
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Mkt cap ! $39.46M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3040388 | 1.5¢ |
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Price($) | Vol. | No. |
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1.6¢ | 1274950 | 3 |
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No. | Vol. | Price($) |
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7 | 3040388 | 0.015 |
3 | 1250000 | 0.014 |
2 | 1070000 | 0.013 |
8 | 2675400 | 0.012 |
3 | 2300000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1274950 | 3 |
0.017 | 966968 | 4 |
0.018 | 3784278 | 6 |
0.019 | 3815522 | 10 |
0.020 | 8828833 | 13 |
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