egregious:getting $$$ for out of money options

refer scheme of arrangement

exercise price $1.25 expiry July 2010 paid $0.1887 per option

exercise price $1.45 expiry July 2010 paid $0.1504

exercise price $1.75 expiry July 2011 paid $0.2534

exercise price $1.35 expiry July 2011 paid $0.3154



question: why should the directors who destroyed any upside for the share price get a SINGLE cent for out of the money options?

you know these guys just add insult to injury

they are a laughing stock in investment circles for the value they have (not) extracted for this A grade deposit, in an iron ore boom