How do I think it would be met,Lowkey? Rejected out of hand,I'd say,especially number [2],reasonable though it is. I'd favour 5 million free performance shares granted after the 50c milestone was reached and the share price holding in excess of that figure for 30 days.
But my preference would be to see the Companies Act amended to ensure no performance rights to be exercised unless targets are met,period.
db
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