NET 0.00% 0.3¢ netlinkz limited

So they are taking shares/options in lieu of payment for...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 47 Posts.
    So they are taking shares/options in lieu of payment for services. That's convenient when the share price is 3 odd cents. The company should just pay them rather than dilute the current shareholders. And it's some dilution (on top of many others). Surely this in not in the best interests of the Company and therefore a breach of Directors Duties.

    Given ASIC's focus right now I'd imagine they may want to look at this. It's a bloody disgrace.
 
watchlist Created with Sketch. Add NET (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $11.63M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
NET (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.