Personally, I have no problems with directors giving themselves bonus shares...BUT only after shareholders are rewarded. NOT BEFORE.
And just a simple change of the wording in the conditions for qualifying for the bonus shares from “OR an increase in the share price above 5 cents”to “AND an increase in the share price to above 5 cents” will ensure that happens.
Don’t see how that’s an unreasonable requirement. Win win for ALL parties.
SEI Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held