GXY 0.00% $5.28 galaxy resources limited

directors skin in gxy

  1. 23,170 Posts.
    lightbulb Created with Sketch. 769
    Here are the latest GXY directors interests in the company:-

    Director.... Shares.... Options

    Mr Tse.......... Nil......... 1 mil

    Mr Wu Be..... Nil......... Nil

    Mr Kwan........ Nil......... 1 mil

    Mr Splatt.......... Nil........ Nil

    Mr Polovineo..... Nil......... 1 mil

    Mr Whitfield..... 41,361.... 1 mil

    Mr Wanless..... 2.04 mil.. 1 mil

    Mr Zeng............. 38 mil.... 1.5 mil
    (Creat Group)

    Mr Ren.............. 38 mil.... 1 mil
    (Creat Group)

    Mr Tan CEO......... 69,000.... 10.5 mil

    Mr Zeng & Mr Ren represent the same Creat Group stock
    holding.

    Apart from the options held by directors, their personal
    share holdings are minimal & apart from Mr Wanless, I,m sure that many HC contributers have/have had more shares
    in GXY. I certainly had.

    I believe that directors ought to have skin in the company apart from the company issued options so that there is reason for shareholders to believe that directors self-interest align with that of other shareholders.With a salary package of $2.3 mil, surely the CEO can afford a few more shares @ retail price above his current 69K!

    Moorookamick
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.