I share your sentiment and shocked they have the nerve to even...

I share your sentiment and shocked they have the nerve to even consider issuing options after 'managing' a 53% DECLINE in Net Transaction Margin and INCREASED LOSS of 25% on y/e 21.



Despite this abysmal performance in Y/E22 it seems the remuneration committee has determined Gary Rohloff's remuneration 739K NZD (4.15% of current Market Cap) is not enough to keep him motivated. Apparently he needs MORE incentive, as do his wife and son. In my view this represents a serious lapse in judgement.

If this is deemed acceptable after a terrible trading year it makes one wonder about their ongoing remuneration expectations and what LBY shareholders would be expected to stump up in a successful trading year.