I had to be cynical when I read this in the annual report.
Given the deterioration in share price and operating profit, the Board considers
traditional measures such as TSR and EPS performance relative to a peer group is not appropriate until such
time as the Company returns to a level of consistent financial performance. Accordingly, the Board has
determined absolute financial (EBITDA) and share price performance hurdles are more appropriate.
Nice work if you can get it
Capital Raising, page-237
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Mkt cap ! $13.28M | |||
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