Not aligned, as he started managing july 2023- 34c.
Whilst CFO managed from near 70c.
Importantly, they don’t pay for these shares. They are given to them, so whilst we lose value, if we bought at say 25c since 2023, then they gain without paying a cent, and we lose dollars.
If he paid for the 20c shares, at a point in time, now we are talking. But they are basically bonus cash, so at 20c if it stays there for 3 years, and he ticks all five milestones, we earn zero and he gets $5.5M
Then add in dilution.
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Not aligned, as he started managing july 2023- 34c. Whilst CFO...
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28 | 1485633 | 0.165 |
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