That would actually make sense. Apparently some shareholders are expecting some kind of sacrifice and having directors holding shares and saving cash now would benefit all of us, especially directors 12 months down the road. There are three possibilities to implement such a scheme: issue shares instead of cash payment, make it mandatory to buy shares at market (e.g. 20% of wages) or make it mandatory to own shares equivalent to one annual wage (might be the best thing as it would be clear directors will buy within the year while there would be flexibility). Not all of them might be legally possible. I personally think this topic is not that important, but fixing toxic and poisonous shareholder relations (some shareholders) seems a to be a good idea to me.
Anyway, nice to see John still holds such a large number of shares. Probably he is the Troy shareholder sitting on the largest paper losses and still gets blamed again and again here. Puzzles me how anyone can attack him getting 72k when he has lost millions.
TRY Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
