Yep thought it was going to be to good to be true with these pigs.
It even again their own principles, but are going to do it anyway
The purpose of the issue of the Options is to provide a mechanism to the Directors to
participate further in the development of the Company and as incentive for their future
involvement with, and commitment to, the Company. The Company acknowledges that
the grant of options to non-executive Directors is contrary to recommendation 8.2 of the
Corporate Governance Principles and Recommendations. However, the Board considers
the issue of Options in Resolutions 1 and 2 and 4 - 6 (inclusive) to be reasonable in the
circumstances given the Company's size and stage of development whilst still maintaining
a cash reserve
Really thats a joke, 3.2c is practically no hurdle at all, great assets in this company, unfortunately you need more than that to make a good investment.
DIRECTOR NOT STEALING FROM SHAREHOLDERS WOULD BE A BIG HELP
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