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Ann: Proposed ESOP Pool and Issue of Options to Directors, page-4

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ambledream

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28/04/17

13:50

Post #: 24332034
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Originally posted by Martin Gifford ↑

Shocking isn't it? I was just about to write something in praise of the refreshing forthrightness of the quarterly, then they release this. I'm pretty sure the ASX rules governing performance shares cannot be retrospective, but they say:

"8M options are to be issued to senior staff and directors in recognition of the exceptional, additional services which senior staff and directors have performed"

That's past tense, i.e. against the rules.

If the company has great prospects, why don't senior staff and directors buy on market?

Expand

why its not good??

They wanting to keep the talent and avoid a CR to outsider for salary?

Am I understanding right?

GSW Price at posting: 67.5¢ Sentiment: Hold Disclosure: Held
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Ann: Proposed ESOP Pool and Issue of Options to Directors, page-4

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