The share price is not the vesting condition for the performance shares; the share price is only given as an estimate of the share price when the vesting conditions are satisfied. The vesting conditions are based on the reported NPBT:
I dont like this type of performance reward; it could be easily satisfied by purchasing other companies and issuing of new shares; that does not necessarily align with increased return on each share.
ASH Price at posting:
68.5¢ Sentiment: None Disclosure: Held
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