If options are granted to directors they should be compulsory - ie you have to take them regardless of the shar price at the time. This would:
1) Prevent directors from granting too many options;
2) Actually create an incentive to do something positive, instead of the hit and miss "she'll be right" attitude;
3) Prevent shareholders from wearing all the risk while directors get all the benefits.
Options schemes promote short-term decision making. Once these options have expired the same directors will grant themselves another few hundred million options at 0.5 cents and make out they're doing it for the shareholders' benefit.
Shameful and shameless at the same time.
How's Gary's trip to China, and is insideman still in the cooler or is he hiding with Gary ?
PDY Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
