SSN samson oil & gas limited

vote yes, page-8

  1. 292 Posts.
    You are joking aren't you ??

    At 23c by the end of May the SP is 8c in the money with 4 years to run!! A little over 50% return even if they can't sell straight away.

    There is quite a band of company execs that think they can dream up these cute deals where they get OVER rewarded for what they are actually being paid a reasonable salary to do. The obfuscation that goes along with the resolutions should be part of "Lawyering 101" at Harvard University.

    What's wrong with a resolution that rewards them if "A" is achieved at "X" time they get "Z" not this longwinded crap that 95% of shareholders don't really understand because they have fallen asleep at sub clause 43???

    I won't be changing my mind unless TB convinces me with an explanation that really shows that the execs are worth this amount of money - remember options have a value that comes out of our share of company wealth. At the moment the proven oil outputs would have to be a LOT more than they are now......

    Another red required now - venting is exhausting work :)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.