("Well, just to show that the Cottee package which is now...

("Well, just to show that the
Cottee package which is now subject to so much criticism is not too different to what John Heigh was on (except for the signon bonus)")

SH,

Seeing that you have added all of the amounts due to JH, including super, and options to arrive at that figure, why don't you add all of the amounts together, besides the $500k basic salary paybale to RC, and then tell us what his real package is worth.

Or yes, we still don't really know what the options package is worth, nor what the incentive options are worth either, nor do we know if all of the options are going to be issued on the money or out of the money. And, if they are out of the money, how far out they will be.

But, as things stand at the moment, the Board is not prepared to tell us what all of that entail. Not even presenting it to us until after the first two meetings all over and done with. (If they are to go ahead that is).
As a matter of facts, they are only prepared to tell us after the first two meeting have been decided upon, and after RC is appointed. Why not before. Are they worried that they will face a revolt/backlash if we knew how much it was worth, before the meeting?

Compare apples with apples. Only then we can arrive to an informed decision.