PLS 0.34% $2.99 pilbara minerals limited

Hi All, Can someone help me a little please? I have only been an...

  1. 765 Posts.
    Hi All,

    Can someone help me a little please?  I have only been an investor for close to 1 year now.  I am reading the Half Yearly Account and am confused with the following.  Shares were given to director in August at 6.1381c when the share price then was around 10 to 12c, why so much discount when they already been paid decent salary and already given shares?  Then in September, shares were given to consultants and employees at 12.9459c while share price at that time was between 15c and 25c, again huge discount.  Then director Young was given share options on 30th November 2015 at 15.8754c and the share price was around 25c at the time.  I understand people should be rewarded etc, but when they being paid decent salaries why so much discount given on shares at this time when they had already been given shares prior to this.  Unless someone can clearly state a positive reason for this, this is another reason management have frustrated me so much.  They have looked after everyone else a lot more then they have their shareholders.  I hope someone can give me a reasonable answer on this?  I wish I was working for PLS, I would be rich now.  Or I am reading this completely wrong?

    PLS Shares.png
 
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