I agree. I would have thought that options are based upon an...

I agree. I would have thought that options are based upon an incentive for employees/directors to provide productivity that enhances a share price and therefore their renumeration is increased based upon everyone increasing the value of their holding due to the increased value of the business.

Otherwise its just a salary increase with no added value to the business. In fact it has a deliterious effect. Dilution of equity value.

Quite happy to pay over the odds to employees/directors if value is delivered to shareholders. Any chance of a reduction in salary/directors fees if the share value goes south. I dont think so. Welcome to the real world. Make the company sing and then you are welcome to join in the financial chorus.