LOM 9.52% 3.8¢ lucapa diamond company limited

Ann: Lulo Diamonds Sell For A$9.1 Million, page-111

  1. 640 Posts.
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    I can fully understand why 1S1 feels a little dirty, Lom has issued a lot of shares since consolidation, without such he would almost break even.
    I understand that most of it needed to be done but when I see performance rights being issued while the long term holders that proped up this coy through thick and thing get left behind it disappoints me.
    Surely the long term holders deserve these performance rights just as much considering where our SP is at the monent.
    I also agree that there needs to be incentive for the bod but common the bar was set way too low and if bod issues the shares to them selfs for barely passing the target then long term holders should be considered as well.
    I am not saying a free shares hand out but options on par with what the bod gets.
 
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