Ann: Preliminary $50-70m Sales Forecast FY2020, page-19

I have no problem with the issuing of these options. Firstly, they are short term targets, so progress is being pushed hard by the company and now by self interest. Second, they are not effectively 'free' shares like many of the 10 and 20c options out there because these can only be exercised at $1, which is ~10-15% higher than today's SP. In addition, they can only be exercised if sales targets are exceeded (pushing performance; they are vesting at end of 2020 (so keeping staff there); they expire in June 2021 (pushing immediate performance); and they are spread across a lot of people (30 in China, more o/s) so I'm fine for those people to be rewarded if they get that volume of sales across the line. If you want the best people, pay them. And if you already have them, you need to keep paying them.