just vote, page-33

I did a bit of digging to see how the proposed granting of SSN options compares to other companies in similar fields.

On the 10th Nov 2010 AUT granted $1.60 options with a 5 year expiry period. At the time of proposing this the AUT share price was $1.40.
click here
On the 29th April 2011 AUT granted $3.00 options with a 4 year expiry period. At the time of proposing this the AUT share price was about $2.70.
click here

SSN is proposing to grant 15c options with a 5 year expiry when the share price is currently about 10c.

It could be argued in AUT's defence that they had a much larger market cap than SSN and hence it would be a harder to achieve a bigger than 10% increases in the SP.

The SSN options will need about a 50% increase in the SP to be in the money !

As for the LTIP and the 200mil shares go, I expect the company to continue to act in good faith when determining how these are dished out.