KNL 0.00% 9.3¢ kibaran resources limited

And the amateur hour continues...why are you adding the 'Share...

  1. 3,276 Posts.
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    And the amateur hour continues...why are you adding the 'Share Plan Shares' KNL directors have received as Salaries income without adding another column where you should deduct the money they need to pay for those share b4 they can sell them?

    Could the reason for you not separating those 'Share Plan Shares' and stating how much KNL directors would have to pay for them out of their own pockets, make your little comparison highlight how much MNS Directors get paid

    KNL - Trommel.JPG

    Keep working away...but here just in case you continue to ignore the facts...P27 from the 2018 annual:

    6.4 Loans to key management personnel During the year shareholders approved the issue of plan shares to each of the directors and executives under the respective director and employee share plans (together the “Share Plans”. Under the Share Plans 12,500,000 shares were offered to eligible recipients at an average issue price of $0.1571 (being the five day volume weighted average price at which ordinary shares in the Company traded prior to the offers). The eligible recipients were granted loans for the purpose of subscribing for plan shares. The loans granted are limited recourse and interest free. The loans are to be repaid via cash payment and/ or the sale of the plan shares. Where the loan is repaid by the sale of shares, any remaining surplus on sale is remitted to the participant while any shortfall is borne by the consolidated entity. Shares issued under loan facilities are escrowed until the loan has been fully repaid.

    KNL Directors must be fairly confident of big payday coming their way...good for them, good for KNL shareholders.

    Go Trom, you can do it...
    Last edited by unicrumba: 22/10/18
 
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