Last year it was written "it is proposed that the following...

Last year it was written "it is proposed that the following securities are awarded, calculated on the
basis of the VWAP over the 10 days on which trades in Shares occurred immediately following release of the
FY21 Annual Report" for the number of Short term and long term awards.

The company will be releasing its FY22 Annual Report in days and using the 10 day VWAP to calculate the number of options/ shares that its execs are awarded and the price that they are set. It has been a very lean few (four) years for shareholders.

The stock was trading at 40 cents in July before the company announced a heavily discounted rights issue at 24 cents, without providing any more details on its company making US partnership details being released (you wouldn't want shareholders to get the shareprice up before setting bonuses?) or perhaps they could have had the issue after the bonus setting had been done?

To solve this the company should set bonuses (number of options/shares) based on 40 cents and give shareholders some transparency on the targets that the short term incentives are awarded.