in response to Rolls Royce - Paul Jury was on a package significantly higher than $400,000 plus (see financials of previus company).
the options the new guys have been given at 20c, 27.5c and 35c are issued at 12 months, 18 months and 24 months respectively (so they don't have any of them yet). The optsion are unlisted so they cannot be traded on market therefore they have to pay up out of thier own pocket in order to get the shares at the option price. the options MUST be exercised in order to realise any value from them, they are worth nothing unless the money is coughed up.
As previously stated, these guys could demand a much higher price, just look at some of the other small-mid caps, which are losing money hand over fist, and see what some of thier MD's are getting paid.
CDS are lucky to have guys of this calibre at such a CHEAP price, remember you pay peanuts and you get monkeys!
CDS
comdek limited.
