Our BOD must love being involved with DGR.
Most being paid a couple of hundred thousand dollars per year to be on Board. Then as an incentive be assigned 0.065cent options which will make an immediate 3.5 cents profit in today's ASX. Stubbs, Moller & Mascolo get a mere 4,650,000 options which if sold at today's market price of 10 cents, would achieve a mere $162,750 profit. Our CEO got awarded 9 million options and thus makes $315,000. Maher is paid over $500,000 from DGR alone, and then picks up another $600,000 from being CEO and/or Director from the others companies. Most of them also have issued incentive options to their respective employees/Directors. I suggest not too many going to the other employees of DGR though. More profit to Directors and more dilution to the other shareholders who sees their investment decrease in value.
For every 1 cent gain this little allocation will earn the incentivized directors $46,500. Should the share price of DGR ever reach 20 cents, then this little allocation will be worth some $2,325,000....that gives some perspective of this little self indulgent incentive program.
Remember this the second of these 6.5 cent options allocations this year.......so these 'boys in the right club' are doing very well thank you.
No conflict of interest here. All very self interested, i.e., Look after themselves first and offer a wing and prayer to the rest.
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