Oh I see. Sorry for not understanding the rules then. That makes it OK for our money to be wasted because other companies do the same. Well I'm not interested in other companies am I? I want to know why this one has destroyed the SP while continuing to pay themselves for a job (seemingly to them) well done. Also, when examining the payments made to board and execs, don't forget to factor in the extra $350,000 paid to Mr Barton's company for consultancy fees. It's all there in last years Annual Report.
But that's OK, let's just sit here and take it while silence remains golden at the board level. Hear no evil, see no evil.
So is everyone happy it's trading below 5c? The only funny thing about that is that executive options are so far out of the money that they will never get converted. Oh well...
SPM Price at posting:
5.0¢ Sentiment: None Disclosure: Held