Ann: Notice of General Meeting/Proxy Form, page-13

Surely this is the opposite of a “life style” motivated inventive? What is “free”? Their is no cash involved so the loan is actually zero cost to both sides.
if the shares go up then there is a gain of only the increase in value. If they do not go up or stay the same there is no gain and no cost. Not sure how or why there would be an NPAT target?
it’s a very simple concept and hard to argue is cushy or anything other than a good incentive to make the share price go up.
surely that is a good thing?
Certainly much better that what was proposed previously.
I also rate the new disclosure and language around the fee pool. Makes sense.
i will be voting in favour.