Has there been any other cases where a Board issues 15 million options to an MD after a long term continuous slide in share price of over 80%! At the end of the day performance is reflected in three things.....price, price & price.
It is not as if crash in SP can be attributed to external factors eg oil price. A large factor in the slide imo is the weaknesses and failings of the Conidi growth by acquisition and debt model that he has deployed. Reminds me of the disastrous ABC Learning growth strategy. At this point in time it shows nothing but contempt for shareholders (imo) to further impact their holdings by giving him 15M options.
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Open | High | Low | Value | Volume |
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10 | 98050 | 0.310 |
6 | 46083 | 0.305 |
2 | 21300 | 0.300 |
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Price($) | Vol. | No. |
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0.325 | 776668 | 21 |
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