Ann: Notice of Annual General Meeting/Proxy Form, page-9

What a ridiculous idea!
They appear to be making it look as if they are dangling a carrot, but it is a poisonous plant I think.
How is this going to help SH's who hold the heads, to be giving interest free loans?

An alternative would perhaps be to reduce the conversion rate to 1c.
I have no idea if this is feasible or desirable.
But many like me who are likely to end up with worthless options would not be interested in touching them again.

I had a very quick skim through the annual report.
So many directors, doing what exactly?
Being paid hefty salaries plus options, which at a quick glance are not performance related and conversion at 1c.
I am rather confused about the whole thing tbh.

GLTAH's