They didn't reduce their awarded options to half of the amount though. Didn't they...!!!
And, they haven't as yet made an official announcement to the market that what they originally stated about the 1 for 1 share, it is now a 1 for 2.
To me, that announcement should have been made as soon as it was intended to be changed.
And, as for the Australian Financial Review to come out with that, and explaining the reasons of what is and what isn't, it does not matter. Because the AFR should not be the one that comes out to the defence of any company. let alone AOE...!!!!
After all, if the AFR stuffs up and turns out that what they wrote is misleading, are they going to take the blame.? Not on your nellie and not in your wildest dreams. But, if it cames out from AOE, and it turns out that what they announced is misleading, they can run the risk of a class action, and ASIC can take court proceeding against the Directors for doing so.
A little bit (quite a bit as a matter of fact) of difference. Isn't there..!!!!
Buddy
AOE Price at posting:
$4.85 Sentiment: None Disclosure: Held