GXY 0.00% $5.28 galaxy resources limited

AGM, page-83

  1. vmp
    13,605 Posts.
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    Good to hear different perspectives such as yours dgb.
    This reminds me now of the fight in pls thread months ago as this remuneration topic is usually a bit sticky.
    Gxy imo has progressed well and therefore any past share entitlement I would attribute it to past successes and efforts. I cannot fault mgt for the current share price. If we've been a disaster operationally, would be very unhappy for them to keep milking a thin cow. But we're moving forward and upwards.
    I'd take a forward looking approach. The options have an exercise price hence not free. Just that we're giving them the option to buy up to 3 years later at a price that's 125% of the 5 day vwap when this is announced, assuming it's ratified and vesting conditions are met.

    Just imo. Correct me if I'm wrong.
    Last edited by vmp: 14/04/17
 
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