Agreed. Pig snouts in the trough. What a gift. I'm truly shocked at the madness. He's on a $375k salary + super, yet he gets a further $600k just by getting the SP up to 2c. Then he gets a further $1.2m to get the SP to 4c. Then a further $1.5m if the SP gets to 5c.
And do we really need a Chairman, and a CEO/MD, and a CFO and a COO????? What is our market cap again? And how much revenue did the company receive in 2018 F.Y.?
I doubt I'll be taking up any of my rights, especially considering we will have no idea of FY18 revenue and loss until after the raising is finished.
Ann: Appointment of CEO & Managing Director, page-3
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