share purchase plan announced at discount, page-4

Just reading through the Notice of AGM/proxy form...

How can a company that should be cutting costs and reducing cash burn, be able to ask and expect shareholders to pass, point 13. A doubling of directors fees from 150k to 300k?

I also see they aren't mailing out the annual report, doing their bit for the environment of the cash burn...

I think Tripaces is close to the mark.