Is it just me that thinks the Performance rights proposed for the Directors is rather generous and the targets are extremely weak.
The first batch kicks in when the MPJ market cap reaches 20M within the next 4 yrs. With the current market cap apparently at 13.4M, that's not much of a stretch. I would expect that our market cap would be well over the 20m mark within the next 4 mths rather than 4 yrs.
And then there are further performance rights allocated for Market Caps of 30M and 40M.
Don't get me wrong, if the good news comes...this will fly straight past those market caps and I want the Directors to share in the spoils, but concerned that the bar been set so very low.
MPJ Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
