I know exactly what i am talking about. The directors never have cash at risk. They would only exercise if in the money and until then are without obligation. If there is as much upside as they claim the directors dilute the existing holders when the price does get above the ex price.
I say sneaky as generally at general meetings where there are small shareholders who are either not interested in attending the meeting or cant make it no one raises an issue and the these types of options swing through on the Chairmans proxies. The Chairman is never going to vote against so unless there are sufficent votes against then they are through. "Sneaky"
DSE Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
