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$358k equals the shortfall amount taken up by directors. Did...

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31/01/17

16:48

Post #: 22258958
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Originally posted by J.W.Pepper ↑

No trades after 4pm. was in pre-nr until 4.14pm.
Now I know everyone is freaking out about the funds that went to management, here is my break down of the $500k - $48k exploration + $93k wages + $358k to directors. So the issue is why did management issue $358k to themselves? previous quarterlies tell us that they have been running on the smell of an oily rag and have been paid pittance (compared to other companies), so is it a bonus? or have the directors been propping up the ship and this is reimbursement?

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$358k equals the shortfall amount taken up by directors. Did they just pay themselves for the shares?

DDD Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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