From memory I think you have to hold 1 share to be a director; Mr Millazo holds 175,000 shares per 2014 Ann report likely purchased at 10c ea from the SPP.
I don't get your last post Dr; however I agree when your own money is on the line I would imagine decision making especially in regards to vital infrastructure for example tailings dam operation (including a fail safe plan) & open pit C & M would likely be highly scrutinized.
I imagine some directors maybe sitting on a loss of 4.7 cents at the moment; somewhat miffed (as most shareholders maybe) by the turn of events I would hazard to guess.
From memory I think you have to hold 1 share to be a director;...
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
-0.045(12.3%) |
Mkt cap ! $2.176B | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 31.5¢ | $21.62M | 65.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 674965 | 9 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |