This LTEI scheme announcement caused nary a blip on the SP but IMVHO is an extremely important indicator as to the 6-12mth future of the company. • I’m pretty sure it will be structured in the form of years of service and individual remuneration packages. • It has stabilized the company structure meaning I believe JP is sure he has the right people in the right roles for the foreseeable future and he wants to retain them. • The recipients of the options will likely never need to pay a cent because the payment of the vesting options will be negotiated by NEU to be paid by the ultimate purchaser. • Upon the occurrence of two of the three trigger points I believe our management will indicate their willingness to commence discussions with interested parties. The above are my views only but I really believe this announcement has a lot more to it than just rewarding loyal employees.
NEU Price at posting:
$12.87 Sentiment: Buy Disclosure: Held
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