ok so didn't meet targets and share price hammered so the...

ok so didn't meet targets and share price hammered so the performance rights , well you don't get them.....

OK, no problem, we will just issue many hundred of % more now that you lost those and the share price is trashed.

END result, much more future dilution, (as discussed quite a while ago)

just issue more and more shares to retain and make sure they / the management that delivered the results the $ agreed .

I mean, when a company seriously failed to deliver, just issue more share so the bonus is eventually paid