Whats Happening, page-10

If IOR is targeting 62% grade then why aren't the performance shares linked to such a result. Obviously management think it impossible so make the performance shares linked to a result of a miserable 58%.
There is absolutely NO incentive to perform.
These snouts at the trough will be paid regardless, and the CEO will pick up his salary of $325,000 plus super, + 10 million shares ( 150 million pre consolidation) + a nice little increase next year to $350,000.
You blokes must love all these performance shares now being given away to all and sundry. More dilution.
Just wait till IOR gets to a billion shares again, it will be another consolidation.
Some people never learn.