EGR 6.38% 11.0¢ ecograf limited

Ann: Performance Rights Milestones, page-16

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    A reasonable argument could be made that with the issue of these performance shares that a level of knowledge by the board of the path forward was known. How does a board tread this tightrope, offering themselves free shares with performance targets that they very well know are able to be met , at whatever cost to shareholder value.
    Granted, most of us are in a lot better position than before these incentives were announced but for anyone new on board I can see the frustration and mistrust. It is always easier to keep an existing customer/shareholder than try and win new ones when trust has been eroded. News vacuums don’t help.
 
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