The Directors of AEZ hold 10's of millions of shares for which they paid millions of dollars for and they are going to get no return. Is that because they wanted that?
I could also ask the same question of every other share which has fallen under too much debt after the GFC. Director's held significant position in BNB, CNP, ABS, REU, RJT, RAT, BBP, BBI, nobody wanted little or no return, but that is the way it panned out.
The fact that the market value of the MD's shares are less than he would currently earn in a year means that your argument has even less credence.
GJT Price at posting:
38.0¢ Sentiment: Sell Disclosure: Not Held