All IMHO
But Sorry, using black scholes method is exactly where the gfc had it's origins...and the world will be paying for this for decades to come.
IMHO the direction for acl over the last few years has seen approval albeit quite late from the FDA but capital requirements have failed
In the meantime the SP has fallen to where we are today based largely on capital raising concerns...this is the responsibility of acl management only
Why should management be offered incentives such as options from sp levels as a direct result of their failings...it's why we have the gfc and protesting today IMHO.
No is my answer....why should management enjoy a free ride from these levels off our capital.
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