Thanks, Captain, for your pertinent summary of what we know has been achieved at the company during this last year. As we are privy to formal announcements only, I think it more than likely that other developments are in the pipeline. And let's face it, of course achievements during this year build on a great deal of work over previous years.
There has been much fruitful exchange of ideas on the issue of options for the MD/CEO. We need to remember that Anteo's remuneration approach has been to have a mix of salary plus share options. That's similar to the standard agreement with salespeople - retainer + commission. I wouldn't be surprised if the employment contract does not reference that approach. But I have noted earlier, that both sets of performance rights (Res 3 and 5a), do depend on KPI's being met (percentage assessments).
Understandably, it is the decline in the SP over the last twelve months, that leads many of us to question the grant of these options. Usually, an SP lags the underlying progress (or lack of it). The Captain's post does cite actual progress.
Is our current MD/CEO worth hanging on to? I certainly think so. To lose his enthusiasm now would be a real setback.
But I appreciate the thoughtful comments from many posters, particularly from Ozibobby, which contain many valid points; that's what is good about this forum, the exchange of ideas and opinions, the snippets of information, the insights.
ADO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
(20min delay)