The amount of shares does seem excessive for performance considering there has been no history of performance to gauge against.
I get performance incentives but i pay tax on them also.
I chose to be a share holder and i paid for them and to this day have seen no profit. A steady loss but no profit and i need 3.2 to break even.(I do think there will be a profit some day)
My main point is, why have none of the Directors chosen to buy any shares now or before any tax scares.
Smart investors jump in when director buying shows a spike.
I am not complaining about my perception of my risk to this company. I am not sayimg the proposal is completely negative.
I am saying it seems a lot of free shares per person based on performance history and should have been a lesser amount at higher SP.
The jury are still out on this for me, i need some more encouragement that this is a good thing first.
Feel free to show me how good this really is.
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