director options taken up, page-13

Waiting to see your side schlomo. Its easy to sugar coat this but look at everything in the market. Massive repercussions unfolding. That twist is Dudd says that on one hand more will be contributed through Super yet on the other has wolloped peoples super funds in the process.
Reminds me of a company I worked for that said we are giving you a 4% payrise in lou of taking your holidays away. After numbers were crunched it was a 1.5% pay cut. Who in the room jumped at it? The deck crew and rousties as all they saw was more money. Thank god there were some educated people in the crowd to enlighten some people to the fact they were agreeing on a pay cut!
I would say that employers would have to contribute 30% towards super to fix the tsunami like damage caused from this twit to peoples super funds. Most retirees were starting to breath again because their portfolios were looking the healthiest they have in a long time. That was until Mr Dudd drops the bomb.
I never thought I would say this but I am glad UMC sold out so THX was able to get cash!