Anyone else of the opinion that management should forgo all performance based issuing of shares and share options? Would this and also key detailed information regarding the app and overseas market warrant a new prospectus?
Given we now know exactly how the FCC arrangements worked, then the KPIs as stated by management were significantly misrepresented.
Imo I would like to see management show a positive stance that they believe in the company and forgo all performance based shares/share options and instead do a small capital raise with the equivalent amount of shares to raise funds to pay out the FCC arrangement and leaving some extra money in the bank.
Ann: Appendix 3B and Cover Letter, page-10
Currently unlisted. Proposed listing date: 09 APRIL 2025 11:00 AM AEST ##
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