a clipping from todays announcement'
"As previously announced as a response to the Global Financial Crisis in 2009 Aurora Minerals reduced its overheads significantly, including large cuts to the fees payable to its Directors and consultants. This was later accompanied by a share price performance incentive plan which was approved by Shareholders at the Companys 2009 AGM. The plan required high share price performance and large excess cash reserves to operate. The Directors and other recipient of the plan, who all have large interests in the Company, are delighted with results to date and the large upside potential they engender and prefer the Company to focus its future cash resources on further developing and expanding its operations. As a result the Company and all recipients of the share price performance plan have agreed not to proceed with it."
A win for all shareholders
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- great response from directors-bouus scrapped
great response from directors-bouus scrapped
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1 | 249999 | 0.018 |
8 | 961510 | 0.017 |
1 | 625000 | 0.016 |
5 | 754400 | 0.015 |
1 | 150000 | 0.014 |
Price($) | Vol. | No. |
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0.019 | 212046 | 1 |
0.020 | 250000 | 1 |
0.022 | 172000 | 1 |
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