It is ironic the majority of shareholders on hotcopper posted on no confidence vote on the management and then to have biota announced rewarding the bottom feeders 413,335 of free options.
Guess who does the bulk of the options go to? Crook and Lie-more are the top 2 beneficiaries of the options. This is in addition to Crook getting 1 year of free remunerations from the merger and all his options turning into free shares.
These have to be one of the best managment team in building wealth. As shareholders wealth diminishes, free options and free shares continue to escalate. IF anyone has doubt on Peter Cook's skill in destroying shareholders' wealth, the OEC (orbital engine corporation0 shareprice during Peter crook's tennure as their CEO is now repeated in BTA.
BTA Price at posting:
67.0¢ Sentiment: None Disclosure: Held