HDR hardman resources limited

hdr goes against grain, page-18

  1. 490 Posts.
    A part solution would be to have the shares in HDR suspended thoughout drills and until logs are done and definitive results obtained, like ARQ does.

    This is fairer to your average shareholder. As it is shareholders have to continually weigh up whether a share price fall is just nervousness in the market, or whether it is insiders taking unfair advantage, or whether it is executives converting and dumping because they do not want to risk any of their own money in the stock, or whether it is market manipulation by parties who have agendas at odds with shareholders.

    The regular issue of swags of options to directors and executives works against shareholders. It gives recipients tremendous leverage in trading the stock with no risk. Hefty profits are obtainable even when the share price is stuck in a range and there is no headway. I suggest that options should be granted on a one-off or special basis with extended exercise dates. Once excercised that's it - no putting their snouts back in the trough at the next AGM. As it presently is, the option scheme is not an incentive scheme but a trading scheme.
 
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Currently unlisted public company.

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