A2M 4.32% $7.01 the a2 milk company limited

My understanding is options to be issued need to be approved by...

  1. 235 Posts.
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    My understanding is options to be issued need to be approved by board first? I felt bit upset as well when I saw this notice at the beginning. When I had a closer look, majority of options are issued back in Aug,2015. A2 was about 70cents at that time and UK, US & China was suffering from loss. Everything was uncertain at that time and No one would have thought A2 could grow this fast. Compared with total options issued, options issued after A2's success is about 10%,and I agree with allocation of opinions need to be informed to shareholders and the target is set a bit too low conserdering A2 is at fast growing stage. If these new opinions are issued to new senior roles created in China & US & Europe, then I m quite ok with that. I think if these senior officers could take A2 to achieve 10% of each area, these opinions may be nothing to us as shareholders.
 
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