Good to hear different perspectives such as yours dgb.
This reminds me now of the fight in pls thread months ago as this remuneration topic is usually a bit sticky.
Gxy imo has progressed well and therefore any past share entitlement I would attribute it to past successes and efforts. I cannot fault mgt for the current share price. If we've been a disaster operationally, would be very unhappy for them to keep milking a thin cow. But we're moving forward and upwards.
I'd take a forward looking approach. The options have an exercise price hence not free. Just that we're giving them the option to buy up to 3 years later at a price that's 125% of the 5 day vwap when this is announced, assuming it's ratified and vesting conditions are met.
