hughenden sale: the good, bad and unbelievable, page-2

Well put 5shareholder. I totally share your summary.
I still haven't got over the non-executive directors free, no recourse share incentive package. I have never seen non-executive directors of any company remunerated so generously with shares/options.

It's amazing this board and management sold 80% of FTB for a penny 3 years ago and now with a JORC months away they get approx. $4m upfront cannot see them holding the shares. GUF on the other hand is worth $500m

Also the Indians are desperate for our thermal coal and I can see GUF selling this project like LNC did, within a year for what is likely to be 10-20x multiple equiv of what CAP achieved proportionately

Abominable judgement