NEU 2.17% $21.22 neuren pharmaceuticals limited

I completely agree Hottod :I am staggered by the following...

  1. 182 Posts.
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    I completely agree Hottod :

    I am staggered by the following statement :
    "The Board believes that there should be such an incentive in place in order to increase the alignment of the interests of each executive and shareholders and to incentivise each executive to strive to ensure that the Company performs for the benefit of all its shareholders."

    The Officers and Directors of NEU are well remunerated. Officers and Directors have Fiduciary Obligations : the Board's proposal could imply that without further incentives the Officers concerned will not work to the best of their ability and the Directors will not work in the best interests of all Shareholders.

    I have held NEU for 15 years. What I know is that the SP is only 20% of what I need ($8/share) for a very conservative 15% compound annual return my funds invested. If they want to start an incentive scheme from a base of $8/share, then I think that would be reasonable.

    Not professional advice : do your own DD
 
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