JK talks about being market competitive, this is what the directors of STX is getting in terms of incentive options...
http://www.strikeoil.com.au/media/2008_10_17_Notice_of_AGM_and_Explanatory_Statement.pdf
(1) There are performance hurdles such as price trading at 40c for 30 consecutive days
(2) The options are issued at a substantial premium to the share price at the time, with implied option value of 0.5c.
STX is getting 40-50mn revenue per annum, and will be increasing, with 2P net reserve of over 2MBOe and 3P of over 24MBOe. Oh, and STX will be cashflow positive for a while. So compare Ashton's performance and renumeration to those of JK's, do you really think he deserves the extra options?
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JK talks about being market competitive, this is what the...
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