I’m certainly not up with current CEO pricing, but about 20...

I’m certainly not up with current CEO pricing, but about 20 years ago an acquaintance was on around $500k and was 3rd from the top at CBA.
if we want to attract and retain a quality CEO, then they require a deal commensurate with their ability and experience.
I believe David is a top level CEO based on his resume, so in order to firstly attract, then retain someone of his calibre, we must pay him what he thinks he is worth.
if we did that in cash ADO would be broke, so options are used as a way of retaining talented personnel without having to pay out cash.
The amount of options and strike price are worked out by the remunerations committee, not the CEO, so they believe this is how much they have to give to retain his devices.
I am as frustrated as anyone with the SP, lack of obvious progress, and communications, but I do believe that David is the right person to lead the company and am very happy if he makes 10 fortunes from his options, as it means I will be handsomely rewarded too.
Don’t let your emotions cloud the reality that we need David to remain with us to get the job done.
I’ll will be voting yes to his options.
My sentiment is a strong buy at current levels.