OAU 20.0% 0.6¢ ora gold limited

Ann: Notice of Annual General Meeting, page-23

  1. 625 Posts.
    And how has performance been as a result of previous FREE options that were issued?
    You do understand how business works - you get a reward commensurate with the risk taken. The directors have zero risk with these options. Now if they were to buy them at (say) 2c each with an exercise price of 7c then that WOULD be a signal of confidence in both their ability & the company. But no - it's the usual "I'm a director so I'm entitled to stick my snout in the trough (again) irrespective of whether I have delivered results for the SHrs" that mug shareholders allow to happen.
    Stop looking in the mirror pfuzzy & start looking around you - the rest of the world has woken up to corporate greed & is refusing to accept it any more. Get with the times.
 
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