I'm pleased with this. Shareholders should be concerned.
As I understand, Directors had sought a waiver to exceed the issue capacity (because they're already maxed out). Six million extra options to themselves, on top of performance rights and standard remuneration.
In my view, too many options thrown around to advisors, DM's other company Altus, and themselves! Directors get the message: if you want to gain the trust if retail investors this dilutive largesse has to stop.
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