"in consideration of the issue to Mr Don Grantham Jr, free of charge, of up to 15,000,000 Shares on the terms and conditions set out in the Explanatory Statement.”"
Thank you posters for reading the small print !
15 M shares translates into $ at todays sp as $550.000 , how could a board which supposedly represents its shareholders , make such a proposal ?
If the MD fails to perform to get his performance options then why would he be entitled to a substitute monetary payment of 550K ?
Have to say I find this incredulous
"in consideration of the issue to Mr Don Grantham Jr, free of...
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Change
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Mkt cap ! $5.517M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $690 | 460.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 174741833 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 7726712 | 8 |
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