E25 0.00% 20.5¢ element 25 limited

AGM - Resolutions, page-4

  1. 4,790 Posts.
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    It's in the directors best interests to see a lower share price in the 5 days prior to the AGM as the free option exercise price is calculated on VWAP. That's one reason I don't like these. They are incentive options but the incentive is to drag the price down initially and not in the best interest of short term shareholders.
 
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