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clock Created with Sketch. 15/09/21
12:35
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Originally posted by stocknub:
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Today's announcement of new directors includes the below: The Company proposes toseek shareholder approval in due course for an issue of up to 4.55 millionPerformance Rights to each of Non-executive Chairman John Toll andNon-executive Director Kristie Young, subject to performance milestones to bedetermined in due course. The Performance Rights will be issued pursuant to theCompany’s Incentive Option and Performance Rights Plan, approved byshareholders on 7 November 2019. Any required regulatory and shareholderapproval for the proposed issues will be sought in due course. "
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...because this is the MO of TSO & every poor performing company. Hey, how about 1 free share for every share bought at market. That's fair to all shareholders taking a punt on LTH research. Sadly its not enough to be part of the executive team, they've got to prepare for the massive dilution coming!
