I will be voting AGAINST the director options and increase in fees.
They need to put some runs on the board first and the options need to be stagged, say 4 cents, 7 cents and 10 cents.
The directors working towards a 4 cent price in three years, won't be too hard to achieve.
I am not prepared to give them at this stage an eight fold bonus on top of their salary.
I will be voting AGAINST and I encourage all other shareholders to do the same. Proxy foprm needs to be with the company by 11 June 2011.
- Forums
- ASX - By Stock
- chairmans options.
I will be voting AGAINST the director options and increase in...
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)