Guys,
From where I'm standing, I don't think there's any doubt the 4M performance plan options will NOT be exercised...they relate to an incentive for future performance, of which there will be NONE!
If I read correctly, of more concern are the 10M performance rights he has against his name, which are due to be approved (or not) by the Board 30 June 2011 (7.5M?) and 30 June 2012.
Obviously the latter date will get no thumbs up from the Board, but I wonder what they'll do with the lot due the day before he finishes (normally they are judged by the Board for conversion on his performance up to that time from date of issue).
paul moore resignation., page-9
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