I have added up Share appreciation rights 3,727,272
Executive Performance rights 145,161 fy14
418,518 fy15
Management Performance rights 47,426 fy14
338,448 fy15
Total 4,678,825
This is too many rights for 2 years and hurdles are too low. Share price 30/6/15 was 48c.
Shareholders received 3 c in dividends.
Company bought 106,141 shares in buy back.
20 years from now directors will take over ownership of company.
Or existing shareholders will be diluted to non existence.
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- Ann: Appendix 3B - Share Appreciation Rights
I have added up Share appreciation rights 3,727,272 Executive...
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1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 15000 | 0.270 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
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