KCN 4.65% $1.35 kingsgate consolidated limited.

gavin thomas

  1. 8,231 Posts.
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    if i was still holding KCN, i would be attending the shareholder meeting & telling mr thomas, what a mssive cheek he has asking for free performance shares. when he should be giving back a lot of his ill goten pay packet, while presiding over a share price fall from $12 to $4, this being exacerbated by his selling of shares, from his exercise of his performance options, which he had to borrow money to exercise ?

    i see his learnt his lesson & now wants to take the shortcut of getting the shares free without having to pay a cent !

    has anyone looked at the perfomance hurdle & understood it ?

    dont know how the insto's will feel about giving this underperformed 300,000 shares on top of his already fat pay packet.

    good luck to holders ;)


 
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