SSN samson oil & gas limited

samson oil & gas lodges quarterly report and a, page-94

  1. 1,534 Posts.
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    Thanks for that Prophet. While still very hesitant to change my tune on the LTIP, this bit says a lot and I too am very keen to know further details:

    "The details of these current performance measures, which are separately established by the Board for different performance periods to create appropriate and timely incentives for LTIP participants, were not included in the Notice of Meeting documents distributed for several reasons. First, these goals might give Samson’s competitors and vendors substantive knowledge about Samson’s future direction and plans, including confidential or proprietary information, that could negatively affect the Company"

    To me, the above leans toward the suggestion put forward by others that the LTIP is a defensive against take-over.
 
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