The current options voting doesn't relate to the stuff up from last year (ie 100,000,000). Resolutions 1-3 relate to 3,000,000 directors options. The directors who are about to receive these options "consider that the incentive represented by the grant of these Options is a cost effective means of rewarding and incentivising Directors, when compared to alternative forms of incentive such as the payment of additional cash compensation".
Here's a suggestion guys (directors).... how about you give yourselves a cash compensation IF the company does well and achieves a certain share price objective. That way you won't be diluting the company any further than you already have done.
Unless of course you don't give a damn and can't be stopped anyway.
(sigh!!)
Resolution 4 relates to 3,150,000 further 'handshake' options to consultants.
more dilution.
so we're up to 106,150,000 since August 2006. When these get converted to shares, of course the 15% rule will now allow an even greater number of options to be issued without shareholder approval. So the snowball gets bigger and bigger.
Am I missing any options?
- Forums
- ASX - By Stock
- MLS
- options option
options option, page-17
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $14.54M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $9.817K | 486.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 532783 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 689890 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 525843 | 0.020 |
14 | 2670773 | 0.019 |
7 | 1981294 | 0.018 |
3 | 1098822 | 0.017 |
2 | 212500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 689890 | 2 |
0.022 | 215737 | 2 |
0.023 | 856427 | 3 |
0.024 | 175000 | 2 |
0.025 | 374282 | 4 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
MLS (ASX) Chart |