Personally I feel Timbin has hit the nail on the head with his, 'I also feel the 2 news realeases were managed.... Bad (write down).... then good (production picking up, cost cutting underway).'
Mr Biddy, base salary... and participate in incentive plan. The lower the SP now the better off the incentives become. It's a common issue. Remember when I returned to resources in Feb '99 with shares and warrants in BHP, a few weeks later new CEO, Paul Anderson then gives out a bad news press the substance of which had mne stumped. Later again revealed his bonus issues of shares were dependant of SP in May of that year.
Bought a few recently
CCU Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held