FDM 0.00% 1.1¢ freedom oil and gas ltd

Exciting times ahead for MAD that's for sure.Bluegoose, you're...

  1. 512 Posts.
    Exciting times ahead for MAD that's for sure.

    Bluegoose, you're forgetting the close to $15 million (25 million shares and rights) Yeager gets in the first year.

    When his appointment was announced those shares were worth just over $10 million. So we're all winners and smiling today :D

    "Yeager — the ex head of BHP Billiton Petroleum – joined Maverick as CEO and Executive Chairman Oct. 15. He will earn an annual base salary of $1.3 million and an annual retirement contribution of $500,000, the company said Monday. Yeager will receive 15 million Maverick shares and 10 million performance rights or same in cash if shareholders kick up a stink. The value of the stock and rights just jumped from $10.6 to $12.1 million. That’s roughly twice Yeager’s 2011 package at BHP. "

    http://www.fusioninvesting.com/2013/10/j-michael-yeager-takes-reins-att-maverick-drilling-and-exploration/
 
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