GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Notice of Annual General Meeting/Proxy Form-GMC.AX, page-7

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  1. 1,605 Posts.
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    I expect them to get paid and they will.
    I expect the performance shares to reflect a great performance not average
    Have you considered how much these shares will be worth at time of vesting.
    Base case 3 cents x 25 million = $800k
    More likely 7-10 cents x 25 million = 1.75-2.5 million on top of his $600k just for doing his job.
    @gatorzz The line about it not diluting is rubbish, as soon as the shares vest,dilution occurs.
    Anyway enough "whinging" I want to see these guys remunerated well and think the numbers are fair, I just want the goal posts a bit higher.
    Its all a bit moot as only about 1% of these types of packages are voted down.
 
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