ADO 5.00% 2.1¢ anteotech ltd

vote against these, page-11

  1. 1,543 Posts.
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    Hi All

    I could agree with the option at $0.07 if the qualifiers to vest the option were a "stretch".

    Currently they qualifier is to "provided the maintainable share price for the Shares is positive and is in the top 50% of companies in the ASX Health and Biotech.

    With the current outlook and leadership they should be out on their arses if they do this easily by Jan 2011, let alone 2012 or 2013.

    The qualifier should be tiered to provide ROI and value for the shareholders. This would also provide a "big" incentive for the director as the option would be worth a sigificant amount.

    My suggestion:
    2011 qualifier = share price of $0.10+ and in the top 50% of companies in the ASX Health and Biotech
    2012 qualifier = share price of $0.20+ and in the top 40% of companies in the ASX Health and Biotech
    2013 qualifier = share price of $0.35+ and in the top 30% of companies in the ASX Health and Biotech

    ...or somethins similar.

    IMHO
 
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