One small thing, that 20k buyback was a few weeks ago, pre 30...

One small thing, that 20k buyback was a few weeks ago, pre 30 June. They haven't bought any since, strangely.

As for the LTI Options...glad they "simplified" it in the latest Annual Report:

After considering internal and external benchmarks, the Board simplified the LTI plan by removing the ATSR gateway for the FY24 LTI grant:
— PR subject to EPS hurdle: RoAFE gateway of 15% must be met for the performance period for vesting to occur. If the RoAFE gateway is met, EPS Compound Annual Growth Rate (CAGR) of 4% over the performance period will be required for 50% vesting, with 100% vesting requiring an EPS growth of 8%.
— RTSR over the performance period must be at the 50th percentile of the comparator group for 50% vesting, with 100% vesting requiring RTSR to be at the 75th percentile.
• The number of units granted is calculated as value of the grant (70% to 100% of FR) divided by the VWAP of Orora shares for the 20 trading days up to and including the end of the financial year (30 June).
• For LTI grants from FY22, the share price used to calculate the ATSR of the Group and each of the comparator companies for the performance period will use the 20 trading days VWAP for both the starting share price and the closing share price. The previous approach used five trading days VWAP for the starting share price and 20 trading days VWAP for the closing share price. This change has been made to reduce the impact of share price volatility and to improve consistency.