I go back to my original statement. Being upset about what I view as excessive pay for a poor year in terms of share price performance does not mean that I dont like MS or think he is a poor CEO.
It does mean I will be more focused to see if this pattern continues.
I think cooper did increase its fundemental value over the year even after the international failures., howeveras pointed out the reasons stipulated for paying a cash bonus as what I would see him getting paid a base slary and options for. I also believe management should be keenly aware the only thing the matters for investors is the SP and from that stance it has been a very poor year. I personally, along with friends, colleagues and family own about 3.5% of this company. I will be taking any option to vote down any rem proposals that look remotely like this years
EL - i dont think paying a dividend is on the cards, but a buy back should be as they will increase the value of both their discovered reserves and any small domestic or international find going forward
COE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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