His performance shares have been set based on a fixed dollar value formula
Perversely this mechanism provides little incentive for him to see SP appreciation, because the value of his performance rights remain constant in dollar terms
Even more perversely - he gets more shares / greater ownership control the lower the SP, as long as he meets his 'hurdles'
RNU Price at posting:
6.9¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)