Ann: Appendix 3B, page-11

Ok then, well although 'not fair' when looking at asx performance it looks in line with the agreement so on those grounds can be deemed 'reasonable'.
I do question why these details weren't included in the appointment announcement but perhaps I missed something somewhere.  They mentioned in that announcement achievement of KPI's so would be interesting to know what they were.  If the company was going gangbusters no-one would question the rights issue but it isn't so we are, probably easier to just move on.