Really appropriate that management wants to up its fees 100%! I would be more than happy were this in light of enhanced shareholder wealth. But as we know: the share price of DIO has been smashed to smithereens.
I note that the secretary of D. Macarthur (whose illustrious career has included serving as secretary to company, Oriental Crystal, which imploded at great cost to shareholders) is also secretary at Tox. So he is secretary to two listed companies that I know of, and if his remuneration at Tox is comparable to what he's paid at DIO, he presently earns around $300,000 p.a.
It's all beginning to stick in my craw.
DIO Price at posting:
32.0¢ Sentiment: None Disclosure: Held