Great point about the performance shares db, Greenstone directors are giving themselves unvested, unearned performance rights relating to an unpublished overdue Mt Thirsty scoping study to the tune of 37,250,000 shares at todays share price thats $372,500.00 just because the corporation act says in a merger the directors can choose to do that. Mind you they could also choose not to vest those shares.
This merger implementation deed requires that all performance rights in Greenstone directors hands be either deleted or vested and exercised, so what happens the Greenstone directors grab the shares at other holder expence.
Hey thanks Jack for the free money and off they go.
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Great point about the performance shares db, Greenstone...
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