'the board simply wanted to ensure staff were appropriately rewarded for their efforts establishing new innovations and new business.'
Sorry Pman, but I am not buying your analogy at all. The extra 10 million shares were on top of already agreed performance metrics that don't expire until Nov 2017.........and OBJ already have an ESOP (Employee Share Option Plan) in place to reward staff that currently already has many 10's of millions of shares set aside for this exact purpose. The 10 million extra shares that originally formed part of the AGM resolutions were specifically for the BOD only and not staff.
OBJ Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
(20min delay)