FAR 4.95% 48.0¢ far limited

agm and options , page-11

  1. 23,039 Posts.
    lightbulb Created with Sketch. 827
    Yep..agreed
    I normally go with the company but this is outrageous!!!

    It is this sort of greed that created the mess the world is in at the moment.

    I am literally gobsmacked.

    I think his salary is for doing his job day to day and is inline with a lot of CEO/MD's (although it is a big salary for what the company produce).
    I accept that exec's get given shares and options along the way as incentives but he has already had his nose in the trough. Enough is enough.
    ME is reaching the age of retirement and is attempting to sure up his own golden handshake but is another 6 mil shares (after conversion of 7c) really fair?
    He obviously doesn't care about dilution. He has staed that the aim is to get bought out.
    The one thing we can be sure of is that he is confident of share price appreciation in the not too distant future (der!)

    I would be happy for him to get 2 mil at 20c with 12 month expiry. That is at least an incentive and not just a golden handshake.
 
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