MGX 0.00% 30.5¢ mount gibson iron limited

Ann: Appendix 3B-MGX.AX, page-2

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  1. 877 Posts.
    lightbulb Created with Sketch. 117
    Quite an amusing appendix 3B this one - 5 million shares are needed to incentivise management - to do what - roll over the term deposit - I live in QLD - for that kind of dough I'd ride my bike across the Simpson to pop into the local WA bank myself for that kind of dough.

    These management incentives schemes are such a rort.

    BTW - what was late dump for - sure IO is down but its not like the MGX price rose with the rise in the IO price.

    Can't win with this turd can we! No dividend, no M&A etc etc.

    The board and Beyer need to get on with it - they've been doing nothing for far to long.
 
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