Am I reading this correctly? Did the CEO just propose to issue himself over 5 million share options at a discounted rate because he has taken a 20% pay cut? Has cut employee salaries by 20% and put just over 13 million in options between them all?
I would have thought that like everyone, taking a haircut is just part of getting through this whole COVID-19 situation. I have taken a pay reduction personally but I haven't rewarded myself by issuing share options. Really do not see what the CEO has done to deserve this especially on this update.
Subject to shareholder approval of course
ICE Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
