I just spend another couple of hours to read those 89 pages again and it strikes me that I am probably too old to understand certain legal matters. It used to be the right to participate in a share issue at a certain price. Renounceable or non renounceable. In other words you could participate or not, but there was a price to be paid. Not in this case. Being elected you already have free shares without anything to pay for. Ok I can accept this, but why has this to be concealed. Would it not have been better just to say If the vote is yes Mr. Bouris gets 1.6 mln shares escrowed. Simple as that. This remuneration advise from an independant advisor saying that the remuneration is below common accepted standards does not sound good. Why not mentioning the name of that independant advisor and we as shareholders can ask questions. I agree with Madmarket that Mark's package is acceptible, but what about KT and WvdV. I think very highly of KT but 1.2 mln free shares plus 2.25 mln options and a consultancy fee of 275000 dlrs is a bit rich. KT's background unlike Mark's does not warrant these amounts. So Ken if you read this I would be happy if you accept half of the suggested remuneration package and I will fully back you.
As far as Willem van der Vlugt is concerned I have not seen a consultancy fee. This means he works for 200.000 free shs and 450.000 options. Thats acceptable as long as we know what he is doing for this. One of the other Dutch shareholders put him on the board (Not me)and Nobody sofar has explained to me why he is important for TZ. So maybe that should be explained at the AGM
Klaas
- Forums
- ASX - By Stock
- TZL
- rights: the right to get shs for nothing
rights: the right to get shs for nothing
-
- There are more pages in this discussion • 160 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 TZL (ASX) to my watchlist
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.157M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16688 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 112869 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16688 | 0.025 |
1 | 20229 | 0.023 |
1 | 588000 | 0.008 |
1 | 100000 | 0.005 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 112869 | 1 |
0.027 | 125000 | 1 |
0.028 | 211025 | 2 |
0.029 | 4080 | 1 |
0.030 | 166667 | 1 |
Last trade - 16.12pm 30/08/2024 (20 minute delay) ? |
Featured News
TZL (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online